Evotec SE (NASDAQ: EVO) stock suffered a major decline of -10.3% on 6/17/24. The shares closed at $4.08. This decline was accompanied by normal trading volume. The stock has been extremely weak relative to the market over the last nine months and has declined -14.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, EVO is expected to be Value Creation neutral.
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 inconsistent signals. Evotec SE has a neutral Appreciation Score of 45 but 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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