Evotec (OTCMKTS:EVTCY) Sets New 52-Week Low – Here’s Why

Evotec SE (OTCMKTS:EVTCYGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $5.48 and last traded at $5.55, with a volume of 281458 shares changing hands. The stock had previously closed at $5.44.

Evotec Stock Performance

The firm’s fifty day simple moving average is $4.00 and its 200 day simple moving average is $4.32. The company has a market capitalization of $1.83 billion, a PE ratio of 56.00 and a beta of 0.98. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.57 and a quick ratio of 2.50.

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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