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Evotec (OTCMKTS:EVTCY) Shares Pass Above 50 Day Moving Average - Here's What Happened

Evotec logo with Medical background

Evotec SE (OTCMKTS:EVTCY - Get Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $3.78 and traded as high as $4.05. Evotec shares last traded at $3.97, with a volume of 392,937 shares traded.

Evotec Price Performance

The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 9.83 and a beta of 0.98. The business has a 50 day simple moving average of $3.79 and a 200-day simple moving average of $4.16. 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

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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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