Eurofins Scient (OTCMKTS:ERFSF) Sees Strong Trading Volume – Still a Buy?

Shares of Eurofins Scient (OTCMKTS:ERFSF) saw strong trading volume on Thursday . 61,608 shares traded hands during trading, an increase of 362% from the previous session’s volume of 13,337 shares.The stock last traded at $85.20 and had previously closed at $83.8855.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Citigroup reiterated a “neutral” rating on shares of Eurofins Scient in a research note on Wednesday, October 22nd. BNP Paribas raised Eurofins Scient to an “outperform” rating in a report on Monday, January 5th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Eurofins Scient in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Eurofins Scient currently has an average rating of “Hold”.

Eurofins Scient Stock Performance

The company’s 50 day simple moving average is $72.49 and its 200-day simple moving average is $73.62. The company has a quick ratio of 1.19, a current ratio of 1.26 and a debt-to-equity ratio of 0.77.

Eurofins Scient Company Profile

Eurofins Scientific is a global provider of bioanalytical testing and laboratory services, offering a wide array of testing solutions to pharmaceutical, food, environmental, agriscience and consumer products industries. Its core services include pharmaceutical quality control, environmental testing for water and air quality, food safety analysis, agrochemical trials and clinical diagnostic support. The company operates specialized laboratories equipped with advanced analytical technologies such as chromatography, mass spectrometry and molecular biology to ensure compliance with regulatory standards and to support research and development efforts across multiple sectors.

Founded in 1987 by Gilles Martin and headquartered in Luxembourg, Eurofins has grown through a combination of organic expansion and strategic acquisitions.