Eurofins Scientific (OTCMKTS:ERFSF) Shares Pass Below Fifty 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 Wednesday . The stock has a 50 day moving average of $56.96 and traded as low as $48.02. Eurofins Scientific shares last traded at $48.59, with a volume of 238 shares changing hands.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Analysis on ERFSF

Eurofins Scientific Stock 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 firm has a fifty day moving average of $56.96 and a 200-day moving average of $57.38.

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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