Evotec (OTCMKTS:EVTCY) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Evotec SE (OTCMKTS:EVTCYGet Free Report) shares passed 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 traded.

Evotec Stock Performance

The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.50 and a current ratio of 2.57. The stock’s 50-day simple moving average is $4.46 and its two-hundred day simple moving average is $4.17. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 11.02 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.

Further Reading

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