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Evotec (OTCMKTS:EVTCY) Stock Crosses Below 200-Day Moving Average - Time to Sell?

Evotec logo with Medical background

Evotec SE (OTCMKTS:EVTCY - Get Free Report)'s share price passed 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 Performance

The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 10.43 and a beta of 0.98. The firm's 50 day moving average is $3.74 and its 200-day moving average is $4.18. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.50 and a current ratio of 2.57.

Evotec Company Profile

(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.

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