Evotec AG’s (EVTCY) Sell Rating Reiterated at DZ Bank AG
Evotec AG (NASDAQ:EVTCY)‘s stock had its “sell” rating restated by DZ Bank AG in a report released on Thursday.
EVTCY has been the subject of a number of other research reports. Berenberg Bank reaffirmed a “buy” rating on shares of Evotec AG in a research report on Wednesday, May 10th. Deutsche Bank AG reissued a “neutral” rating on shares of Evotec AG in a report on Wednesday, May 3rd.
Evotec AG (NASDAQ EVTCY) traded up 5.68% during mid-day trading on Thursday, reaching $32.72. The company had a trading volume of 4,230 shares. The stock’s 50-day moving average price is $30.40 and its 200 day moving average price is $23.59. The firm has a market capitalization of $2.29 billion and a PE ratio of 54.72. Evotec AG has a 52 week low of $9.32 and a 52 week high of $33.30.
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About Evotec AG
Evotec AG is a drug discovery and development company. The Company operates through two segments. The EVT Execute segment provides standalone drug discover services on a typical fee-for-service basis or integrated drug discovery collaborations on partners’ target through a range of commercial structures, including research fees, milestones and/or royalties.
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