Evotec (ETR:EVT) Shares Down 1.7% – Here’s Why

Evotec SE (ETR:EVTGet Free Report)’s share price was down 1.7% on Tuesday . The stock traded as low as €5.84 ($6.41) and last traded at €6.04 ($6.63). Approximately 1,322,658 shares traded hands during trading, a decline of 3% from the average daily volume of 1,360,000 shares. The stock had previously closed at €6.14 ($6.75).

Evotec Stock Performance

The company has a market capitalization of $1.07 billion, a P/E ratio of -6.29, a PEG ratio of 0.98 and a beta of 1.05. The stock’s fifty day moving average price is €6.37 and its 200-day moving average price is €8.94. The company has a debt-to-equity ratio of 46.81, a quick ratio of 2.97 and a current ratio of 1.83.

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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