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
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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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