Evotec SE (NASDAQ: EVO) stock closed at $5.23 on 4/24/24 after a major decline of -31.6%. Moreover, this decline was accompanied by exceptionally high trading volume at 1965% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -25.4% during the last week.
Current PriceTarget Research Rating
EVO is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Evotec SE has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Evotec SE has a very low Appreciation Score of 14 and a very low Power Rating of 2, producing the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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