Evotec (OTCMKTS:EVTCY) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Evotec SE (OTCMKTS:EVTCYGet Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty 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.

Evotec Price Performance

The firm has a market cap of $1.49 billion, a P/E ratio of 11.02 and a beta of 0.98. The stock’s 50-day moving average is $4.46 and its 200-day moving average is $4.17. The company has a quick ratio of 2.50, a current ratio of 2.57 and a debt-to-equity ratio of 0.53.

Evotec Company Profile

(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.

Further Reading

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