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

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 $3.69 and traded as low as $3.59. Evotec shares last traded at $3.60, with a volume of 494,077 shares.

Evotec Trading Up 2.9 %

The business has a 50 day moving average of $3.65 and a two-hundred day moving average of $4.21. The firm has a market cap of $1.39 billion, a P/E ratio of 10.27 and a beta of 0.98. The company has a current ratio of 2.57, a quick ratio of 2.50 and a debt-to-equity ratio of 0.53.

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.

Further Reading

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