Evotec (OTCMKTS:EVTCY) Stock Passes Above 50-Day Moving Average - Should You Sell?

Evotec logo with Medical background

Evotec SE (OTCMKTS:EVTCY - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $4.46 and traded as high as $4.54. Evotec shares last traded at $4.52, with a volume of 144,228 shares trading hands.

Evotec Stock Up 0.9 %

The company's fifty day simple moving average is $4.46 and its 200-day simple moving average is $4.18. The firm has a market capitalization of $1.44 billion, a PE ratio of 10.61 and a beta of 0.98. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.57 and a quick ratio of 2.50.

About Evotec

(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.

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