Eurofins Scientific (OTCMKTS:ERFSF) Share Price Passes Below 50-Day Moving Average – Time to Sell?

Shares of Eurofins Scientific SE (OTCMKTS:ERFSFGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $49.80 and traded as low as $47.62. Eurofins Scientific shares last traded at $49.97, with a volume of 4,010 shares.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised Eurofins Scientific to a “strong-buy” rating in a research report on Monday, October 7th.

Get Our Latest Analysis on ERFSF

Eurofins Scientific Stock Performance

The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.42. The business’s 50 day moving average is $49.78 and its two-hundred day moving average is $53.94.

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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