Eurofins Scientific (OTCMKTS:ERFSF) Hits New 1-Year High – Time to Buy?

Shares of Eurofins Scientific SE (OTCMKTS:ERFSF) reached a new 52-week high on Monday . The stock traded as high as $72.93 and last traded at $71.58, with a volume of 3878 shares traded. The stock had previously closed at $70.83.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on ERFSF shares. HSBC cut Eurofins Scientific to a “hold” rating in a research report on Friday, April 25th. Hsbc Global Res cut Eurofins Scientific from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 25th. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

Eurofins Scientific Stock Performance

The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.42. The stock has a 50 day moving average price of $62.47 and a two-hundred day moving average price of $55.64.

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.