Evotec (ETR:EVT) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Evotec SE (ETR:EVTGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €7.59 ($8.16) and traded as low as €7.10 ($7.63). Evotec shares last traded at €7.12 ($7.65), with a volume of 2,952,098 shares traded.

Evotec Stock Up 0.1 %

The stock has a 50 day simple moving average of €8.35 and a 200 day simple moving average of €7.59. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of -7.70, a P/E/G ratio of 0.98 and a beta of 1.05.

Evotec Company Profile

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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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