Evotec (ETR:EVT) Shares Down 4% – Time to Sell?

Evotec SE (ETR:EVTGet Free Report) shares were down 4% on Thursday . The company traded as low as €8.04 ($8.29) and last traded at €8.20 ($8.45). Approximately 1,138,303 shares traded hands during mid-day trading, a decline of 16% from the average daily volume of 1,360,000 shares. The stock had previously closed at €8.54 ($8.80).

Evotec Stock Up 2.5 %

The company has a current ratio of 1.83, a quick ratio of 2.97 and a debt-to-equity ratio of 46.81. The stock’s 50-day moving average price is €8.50 and its two-hundred day moving average price is €7.59. The stock has a market capitalization of $1.52 billion, a P/E ratio of -8.90, a P/E/G ratio of 0.98 and a beta of 1.05.

About Evotec

(Get Free Report)

Evotec SE operates as drug discovery and development partner for the pharmaceutical and biotechnology industry worldwide. The company is developing pharmaceutical products in various therapeutic areas, such as autoimmune diseases, cancer, CNS diseases, diabetes, fibrosis, immunology, infectious diseases, kidney diseases, liver diseases, pain and inflammation, rare diseases, respiratory diseases, tuberculosis, and women's health.

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