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Evotec (OTCMKTS:EVTCY) Stock Crosses Below 200-Day Moving Average - Here's Why

Evotec logo with Medical background

Evotec SE (OTCMKTS:EVTCY - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.25 and traded as low as $4.00. Evotec shares last traded at $4.04, with a volume of 48,150 shares.

Evotec Stock Up 1.7 %

The business has a fifty day moving average of $4.62 and a 200 day moving average of $4.24. The company has a quick ratio of 2.50, a current ratio of 2.57 and a debt-to-equity ratio of 0.53. The firm has a market cap of $1.36 billion, a P/E ratio of 10.02 and a beta of 0.98.

About Evotec

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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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