Evotec (OTCMKTS:EVTCY) Sets New 52-Week Low – Should You Sell?

Shares of Evotec SE (OTCMKTS:EVTCYGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $4.62 and last traded at $4.72, with a volume of 74379 shares changing hands. The stock had previously closed at $4.69.

Evotec Stock Performance

The firm has a market cap of $1.56 billion, a PE ratio of 11.44 and a beta of 0.98. The stock’s 50 day moving average price is $4.31 and its 200 day moving average price is $4.31. The company has a current ratio of 2.57, a quick ratio of 2.50 and a debt-to-equity ratio of 0.53.

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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