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Berenberg Bank Downgrades Eurofins Scientific (OTCMKTS:ERFSF) to Hold

Eurofins Scientific logo with Medical background

Eurofins Scientific (OTCMKTS:ERFSF - Get Free Report) was downgraded by Berenberg Bank from a "strong-buy" rating to a "hold" rating in a note issued to investors on Wednesday,Zacks.com reports.

Eurofins Scientific Stock Performance

ERFSF traded up $3.12 during midday trading on Wednesday, hitting $49.49. The company had a trading volume of 579 shares, compared to its average volume of 6,990. The stock's 50 day moving average price is $49.66 and its 200 day moving average price is $53.87. Eurofins Scientific has a 52 week low of $44.61 and a 52 week high of $68.45. The company has a current ratio of 1.42, a quick ratio of 1.34 and a debt-to-equity ratio of 0.64.

About Eurofins Scientific

(Get Free Report)

Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. The company offers a portfolio of various analytical methods and tests to evaluate the safety, identity, composition, authenticity, origin, traceability, and purity of various products.

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