Evotec (OTCMKTS:EVTCY) Hits New 12-Month Low – Here’s Why

Shares of Evotec SE (OTCMKTS:EVTCYGet Free Report) hit a new 52-week low on Monday . The stock traded as low as $4.65 and last traded at $4.87, with a volume of 574241 shares. The stock had previously closed at $4.13.

Evotec Stock Performance

The company has a current ratio of 2.57, a quick ratio of 2.50 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $1.50 billion, a price-to-earnings ratio of 10.83 and a beta of 0.98. The firm has a 50-day simple moving average of $3.94 and a two-hundred day simple moving average of $4.33.

About Evotec

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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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