Evotec (OTCMKTS:EVTCY) Share Price Breaks Below Fifty Day Moving Average – Here’s What Happened

Evotec SE (OTCMKTS:EVTCY – Get Free Report) shares passed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $1.81 and traded as low as $1.5304. Evotec shares last traded at $1.57, with a volume of 94,415 shares changing hands.

Evotec Stock Down 2.5%

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 capitalization of $505.24 million, a PE ratio of 3.73 and a beta of 0.98. The stock has a 50-day simple moving average of $1.81 and a 200-day simple moving average of $2.39.

Evotec Company Profile

(Get Free Report)

Evotec SE is a Germany-based biotechnology company that provides drug discovery and development services to pharmaceutical, biotechnology and academic partners. The company combines scientific expertise, technology platforms and proprietary research programs to support the identification and advancement of potential medicines.

Its activities span early-stage research and development, including target identification and validation, assay development, screening, medicinal chemistry, computational drug design, pharmacology and preclinical development.

Further Reading

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