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Evotec (OTCMKTS:EVTCY) Stock Price Passes Below Fifty Day Moving Average - Should You Sell?

Evotec logo with Medical background

Evotec SE (OTCMKTS:EVTCY - Get Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $4.13 and traded as low as $4.07. Evotec shares last traded at $4.07, with a volume of 29,351 shares.

Evotec Stock Up 0.5%

The stock has a market capitalization of $1.40 billion, a PE ratio of 10.34 and a beta of 0.98. The firm's fifty day moving average is $4.13 and its 200-day moving average is $4.02. The company has a quick ratio of 2.50, a current ratio of 2.57 and a debt-to-equity ratio of 0.53.

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.

Further Reading

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