Eurofins Scient (OTCMKTS:ERFSF) Hits New 12-Month High – What’s Next?

Eurofins Scient (OTCMKTS:ERFSF) shares hit a new 52-week high on Wednesday. The stock traded as high as $98.0240 and last traded at $94.3360, with a volume of 446 shares. The stock had previously closed at $93.7620.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein cut shares of Eurofins Scient from an “outperform” rating to a “hold” rating in a research note on Tuesday, September 29th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Eurofins Scient has an average rating of “Hold”.

Eurofins Scient Price Performance

The company has a debt-to-equity ratio of 0.80, a current ratio of 1.13 and a quick ratio of 1.07. The business’s 50-day simple moving average is $87.33 and its two-hundred day simple moving average is $79.42.

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.