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Evotec (OTCMKTS:EVTCY) Share Price Passes Below 50 Day Moving Average - What's Next?

Evotec logo with Medical background

Shares of Evotec SE (OTCMKTS:EVTCY - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty 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 traded.

Evotec Trading Up 0.5%

The stock has a market capitalization of $1.39 billion, a P/E ratio of 10.29 and a beta of 0.98. The stock has a 50-day moving average price of $4.13 and a two-hundred day moving average price of $4.02. 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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