Eurofins Scientific (OTCMKTS:ERFSF) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Eurofins Scientific SE (OTCMKTS:ERFSF) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $51.25 and traded as high as $52.84. Eurofins Scientific shares last traded at $51.64, with a volume of 2,833 shares traded.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ERFSF. Barclays downgraded shares of Eurofins Scientific from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 24th. Berenberg Bank downgraded shares of Eurofins Scientific from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 15th. Citigroup restated a “neutral” rating on shares of Eurofins Scientific in a research 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 report on Monday, February 3rd.

Eurofins Scientific Stock Performance

The company’s 50-day moving average price is $51.24 and its 200 day moving average price is $53.54. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.42.

Eurofins Scientific Company Profile

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.