Eurofins Scient (OTCMKTS:ERFSF) Shares Pass Below Fifty Day Moving Average – Here’s Why

by · The Cerbat Gem

Eurofins Scient (OTCMKTS:ERFSF – Get Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $71.39 and traded as low as $67.3260. Eurofins Scient shares last traded at $70.1760, with a volume of 1,096 shares trading hands.

Wall Street Analysts Forecast Growth

ERFSF has been the subject of several recent analyst reports. Citigroup reiterated a “neutral” rating on shares of Eurofins Scient in a research note on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Eurofins Scient in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

View Our Latest Report on ERFSF

Eurofins Scient Stock Performance

The firm’s 50-day moving average is $71.23 and its 200 day moving average is $71.92. The company has a quick ratio of 1.19, a current ratio of 1.26 and a debt-to-equity ratio of 0.77.

About Eurofins Scient

(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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