Evotec SE (NASDAQ: EVO) stock suffered a major decline of -11.3% on 8/6/24. The shares closed at $3.84. Moreover, trading volume in this decline was exceptionally high at 350% of normal. The stock has declined -19.3% during the last week and has been extremely weak relative to the market over the last nine months.
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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Evotec SE has a neutral Appreciation Score of 42 but a very low Power Rating of 1, resulting in 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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