Eurofins Scientific (OTCMKTS:ERFSF) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Eurofins Scientific SE (OTCMKTS:ERFSF) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $51.25 and traded as high as $52.84. Eurofins Scientific shares last traded at $51.64, with a volume of 2,833 shares trading hands.

Wall Street Analysts Forecast Growth

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

Eurofins Scientific Trading Up 1.7 %

The stock’s 50 day moving average price is $51.25 and its 200 day moving average price is $53.64. 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.