Eurofins Scient (OTCMKTS:ERFSF) Reaches New 12-Month High – Here’s Why

Shares of Eurofins Scient (OTCMKTS:ERFSF) hit a new 52-week high on Thursday. The stock traded as high as $93.2880 and last traded at $91.80, with a volume of 1,780 shares trading hands. The stock had previously closed at $90.0250.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein lowered shares of Eurofins Scient from an “outperform” rating to a “hold” rating in a report on Tuesday, September 29th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Eurofins Scient Stock Performance

The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.07 and a current ratio of 1.13. The stock has a 50-day moving average price of $85.80 and a 200-day moving average price of $79.14.

About Eurofins Scient

Eurofins Scientific SE is a Luxembourg-based international laboratory and testing services company. It provides analytical, inspection and certification services for the pharmaceutical, food, environmental, agricultural, consumer products and healthcare industries.

The company’s services include laboratory testing, product safety and quality analysis, environmental monitoring, pharmaceutical development and validation, genomic testing, clinical diagnostics, and agroscience services. Eurofins also supports companies and public-sector organizations with research, regulatory compliance and quality-control programs.

Founded in 1987 by Gilles Martin, Eurofins has expanded from its original focus on food testing into a broad network of laboratories and specialized testing businesses serving customers in Europe, North America, Asia-Pacific and other international markets.