Eurofins Scientific (OTCMKTS:ERFSF) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Eurofins Scientific SE (OTCMKTS:ERFSFGet Free Report)’s stock price crossed 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 traded.

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on Eurofins Scientific

Eurofins Scientific Price Performance

The company has a debt-to-equity ratio of 0.64, a current ratio of 1.42 and a quick ratio of 1.34. The stock has a 50-day simple moving average of $49.80 and a 200-day simple moving average of $53.92.

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.

Further Reading

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