Eurofins Scient (OTCMKTS:ERFSF) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Eurofins Scient (OTCMKTS:ERFSF) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $73.02 and traded as low as $65.8220. Eurofins Scient shares last traded at $70.25, with a volume of 1,722 shares.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Citigroup reaffirmed a “neutral” rating on shares of Eurofins Scient in a report on Wednesday, October 22nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Eurofins Scient in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Eurofins Scient Price Performance

The firm has a 50 day moving average price of $73.02 and a 200-day moving average price of $71.46. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.19 and a current ratio of 1.26.

About Eurofins Scient

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.