Evotec SE (NASDAQ: EVO) stock closed at $4.40 on 11/4/24 after a major increase of 13.4%. Moreover, trading volume in this advance was exceptionally high at 376% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 25.0% 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). 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 50 but a very low Power Rating of 1, triggering the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment