Eurofins Scient (OTCMKTS:ERFSF) Shares Gap Up – Here’s Why

Eurofins Scient (OTCMKTS:ERFSF)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $74.47, but opened at $82.1220. Eurofins Scient shares last traded at $79.1660, with a volume of 24 shares.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ERFSF. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Eurofins Scient in a report on Wednesday, October 29th. Citigroup reiterated a “neutral” rating on shares of Eurofins Scient in a report on Wednesday, October 22nd. Finally, BNP Paribas upgraded Eurofins Scient to an “outperform” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Eurofins Scient Stock Performance

The company’s 50-day simple moving average is $70.14 and its 200 day simple moving average is $72.87. The company has a current ratio of 1.26, a quick ratio of 1.19 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.