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Eurofins Scientific (OTCMKTS:ERFSF) Share Price Passes Above 50 Day Moving Average - Should You Sell?

Eurofins Scientific logo with Medical background

Eurofins Scientific SE (OTCMKTS:ERFSF - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $51.25 and traded as high as $52.84. Eurofins Scientific shares last traded at $51.64, with a volume of 2,833 shares trading hands.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Sanford C. Bernstein upgraded Eurofins Scientific from a "hold" rating to a "strong-buy" rating in a report on Monday, February 3rd. Barclays downgraded Eurofins Scientific from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 24th. Finally, Berenberg Bank downgraded Eurofins Scientific from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 15th.

Check Out Our Latest Stock Analysis on ERFSF

Eurofins Scientific Trading Up 1.7 %

The stock's 50 day moving average price is $51.25 and its 200 day moving average price is $53.64. The company has a quick ratio of 1.34, a current ratio of 1.42 and a debt-to-equity ratio of 0.64.

Eurofins Scientific Company Profile

(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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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