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Eurofins Scientific (OTCMKTS:ERFSF) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

Eurofins Scientific logo with Medical background

Shares of Eurofins Scientific SE (OTCMKTS:ERFSF - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $52.26 and traded as high as $55.99. Eurofins Scientific shares last traded at $52.52, with a volume of 221 shares changing hands.

Analyst Ratings Changes

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

Read Our Latest Analysis on Eurofins Scientific

Eurofins Scientific Price Performance

The firm has a fifty day moving average of $52.47 and a 200-day moving average of $53.06. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.42 and a quick ratio of 1.34.

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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