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Eurofins Scientific (OTCMKTS:ERFSF) Stock Passes Above 50-Day Moving Average - Here's What Happened

Eurofins Scientific logo with Medical background
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Eurofins Scientific SE (OTCMKTS:ERFSF - Get Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $51.44 and traded as high as $53.07. Eurofins Scientific shares last traded at $52.60, with a volume of 799 shares traded.

Analyst Ratings Changes

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

Read Our Latest Analysis on Eurofins Scientific

Eurofins Scientific Price Performance

The company has a quick ratio of 1.34, a current ratio of 1.42 and a debt-to-equity ratio of 0.64. The company has a fifty day simple moving average of $51.64 and a 200-day simple moving average of $53.30.

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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