Eurofins Scient (OTCMKTS:ERFSF) Sees Strong Trading Volume – Here’s Why
by Sarita Garza · The Markets DailyShares of Eurofins Scient (OTCMKTS:ERFSF – Get Free Report) saw unusually-high trading volume on Monday . Approximately 2,351 shares changed hands during trading, an increase of 107% from the previous session’s volume of 1,138 shares.The stock last traded at $79.03 and had previously closed at $73.2960.
Analysts Set New Price Targets
ERFSF has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Eurofins Scient in a research note on Wednesday, October 29th. BNP Paribas upgraded Eurofins Scient to an “outperform” rating in a report on Monday. Finally, Citigroup restated a “neutral” rating on shares of Eurofins Scient in a report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Get Our Latest Analysis on ERFSF
Eurofins Scient Stock Performance
The business’s 50 day simple moving average is $69.98 and its two-hundred day simple moving average is $72.82. 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
Eurofins Scientific is a global provider of bioanalytical testing and laboratory services, offering a wide array of testing solutions to pharmaceutical, food, environmental, agriscience and consumer products industries. Its core services include pharmaceutical quality control, environmental testing for water and air quality, food safety analysis, agrochemical trials and clinical diagnostic support. The company operates specialized laboratories equipped with advanced analytical technologies such as chromatography, mass spectrometry and molecular biology to ensure compliance with regulatory standards and to support research and development efforts across multiple sectors.
Founded in 1987 by Gilles Martin and headquartered in Luxembourg, Eurofins has grown through a combination of organic expansion and strategic acquisitions.