Eurofins Scient (OTCMKTS:ERFSF) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Eurofins Scient (OTCMKTS:ERFSF)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $65.63 and traded as high as $72.64. Eurofins Scient shares last traded at $71.50, with a volume of 827 shares.

Analyst Ratings Changes

Several research firms have recently commented on ERFSF. HSBC lowered Eurofins Scient to a “hold” rating in a research note on Friday, April 25th. Hsbc Global Res lowered Eurofins Scient from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 25th. Five research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Eurofins Scient Stock Down 2.9%

The company has a quick ratio of 1.09, a current ratio of 1.16 and a debt-to-equity ratio of 0.58. The stock has a 50 day simple moving average of $65.63 and a 200-day simple moving average of $57.03.

Eurofins Scient 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.