Eurofins Scientific (OTCMKTS:ERFSF) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Eurofins Scientific SE (OTCMKTS:ERFSF)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $51.44 and traded as high as $53.07. Eurofins Scientific shares last traded at $52.60, with a volume of 799 shares traded.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Citigroup reiterated a “neutral” rating on shares of Eurofins Scientific in a research note on Monday, February 3rd. Barclays downgraded Eurofins Scientific from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 24th. Sanford C. Bernstein upgraded Eurofins Scientific from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 3rd. Finally, Berenberg Bank downgraded Eurofins Scientific from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 15th.

Eurofins Scientific Price Performance

The company has a quick ratio of 1.34, a current ratio of 1.42 and a debt-to-equity ratio of 0.64. The stock has a 50 day simple moving average of $51.44 and a 200 day simple moving average of $53.28.

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.