Eurofins Scientific (OTCMKTS:ERFSF) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Eurofins Scientific SE (OTCMKTS:ERFSF) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty 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 trading hands.

Analyst Upgrades and Downgrades

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

Eurofins Scientific Stock Performance

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

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.