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Evotec (OTCMKTS:EVTCY) Stock Passes Below 200 Day Moving Average - Here's What Happened

Evotec logo with Medical background

Evotec SE (OTCMKTS:EVTCY - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.17 and traded as low as $3.84. Evotec shares last traded at $4.03, with a volume of 153,406 shares changing hands.

Evotec Stock Down 7.4%

The company has a current ratio of 2.57, a quick ratio of 2.50 and a debt-to-equity ratio of 0.53. The business has a 50-day moving average price of $3.76 and a 200 day moving average price of $4.18. The stock has a market capitalization of $1.31 billion, a P/E ratio of 9.66 and a beta of 0.98.

About Evotec

(Get Free Report)

Evotec SE engages in the discovery and development of new drugs for pharmaceutical and biotechnology companies. It operates through the following segments: EVT Execute and EVT Innovate. The EVT Execute segment provides stand-alone or integrated drug discovery solutions for collaborators targets and programmers on a typical fee-for-service basis or through a variety of commercial structures, which may include performance-based components, such as milestones and royalties.

Further Reading

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