Eurofins Scientific SE (OTCMKTS:ERFSF - Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 246,600 shares, a drop of 17.4% from the September 30th total of 298,500 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 176.1 days.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised Eurofins Scientific to a "strong-buy" rating in a report on Monday, October 7th.
Get Our Latest Analysis on Eurofins Scientific
Eurofins Scientific Trading Down 2.7 %
ERFSF stock traded down $1.39 during trading hours on Tuesday, hitting $50.11. 2,271 shares of the stock traded hands, compared to its average volume of 2,054. The stock has a 50-day simple moving average of $58.11 and a 200 day simple moving average of $57.93. Eurofins Scientific has a one year low of $44.61 and a one year 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.
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.
Featured Stories
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.
Before you consider Eurofins Scientific, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eurofins Scientific wasn't on the list.
While Eurofins Scientific currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.