Eurofins Scientific (OTCMKTS:ERFSF) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Eurofins Scientific SE (OTCMKTS:ERFSF) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $50.39 and traded as high as $52.53. Eurofins Scientific shares last traded at $50.78, with a volume of 3,645 shares traded.

Wall Street Analysts Forecast Growth

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

Eurofins Scientific Stock Performance

The business’s 50-day moving average price is $50.04 and its 200 day moving average price is $54.42. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.42.

Eurofins Scientific Company Profile

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.