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

Eurofins Scientific SE (OTCMKTS:ERFSF)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $53.53 and traded as high as $55.21. Eurofins Scientific shares last traded at $53.51, with a volume of 287 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on ERFSF shares. Barclays lowered Eurofins Scientific from a “strong-buy” rating to a “hold” rating in a report on Friday, January 24th. Berenberg Bank downgraded shares of Eurofins Scientific from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 15th. Citigroup restated a “neutral” rating on shares of Eurofins Scientific in a research note on Monday, February 3rd. Finally, Sanford C. Bernstein upgraded shares of Eurofins Scientific from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 3rd.

Eurofins Scientific Stock Down 0.7 %

The company has a 50-day moving average of $53.53 and a 200 day moving average of $52.81. The company has a current ratio of 1.42, a quick ratio of 1.34 and a debt-to-equity ratio of 0.64.

About Eurofins Scientific

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.