Eurofins Scient (OTCMKTS:ERFSF) Shares Cross Below 50 Day Moving Average – What’s Next?

Eurofins Scient (OTCMKTS:ERFSF)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $73.02 and traded as low as $65.8220. Eurofins Scient shares last traded at $70.25, with a volume of 1,722 shares.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Eurofins Scient in a report on Wednesday, October 29th. Citigroup reiterated a “neutral” rating on shares of Eurofins Scient in a research report on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Eurofins Scient Stock Performance

The stock’s 50-day moving average price is $73.02 and its 200 day moving average price is $71.35. 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 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.