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

Shares of Evotec SE (OTCMKTS:EVTCYGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.21 and traded as high as $3.51. Evotec shares last traded at $3.50, with a volume of 46,298 shares traded.

Evotec Stock Performance

The business’s 50 day simple moving average is $3.21 and its two-hundred day simple moving average is $3.59. The firm has a market capitalization of $1.16 billion, a PE ratio of 8.54 and a beta of 0.98. 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

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Evotec SE is a Germany-based biotechnology company specializing in drug discovery alliance and development partnerships. Headquartered in Hamburg, the company collaborates with pharmaceutical and biotechnology firms to deliver integrated solutions across the drug discovery and development continuum. Its offerings span from target identification and validation to lead optimization, preclinical development and manufacturing support.

The company’s platform combines expertise in assay development, high-throughput screening, medicinal chemistry, in vivo pharmacology and safety assessment.

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