Evotec (OTCMKTS:EVTCY) Share Price Passes Above 50-Day Moving Average – What’s Next?

Evotec SE (OTCMKTS:EVTCY) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.40 and traded as high as $4.47. Evotec shares last traded at $4.39, with a volume of 57,649 shares changing hands.

Evotec Trading Down 3.9 %

The business has a 50 day simple moving average of $4.40 and a 200-day simple moving average of $4.20. 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 has a market capitalization of $1.39 billion, a P/E ratio of 10.29 and a beta of 0.98.

Evotec Company Profile

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.