EUROFINS SCIENT (OTCMKTS:ERFSF) Stock Price Crosses Below 50 Day Moving Average - What's Next?

Key Points

• Eurofins Scient's share price has fallen below its 50-day moving average of $75.50, trading as low as $73.92 recently.
• Analysts have a consensus rating of "Hold", with Citigroup reissuing a neutral rating and one analyst issuing a strong buy.
• The company's debt-to-equity ratio stands at 0.77, indicating moderate financial leverage, while its current and quick ratios suggest solid short-term liquidity.

EUROFINS SCIENT (OTCMKTS:ERFSF - Get Free Report)'s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $75.50 and traded as low as $73.92. EUROFINS SCIENT shares last traded at $76.99, with a volume of 1,183 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a "neutral" rating on shares of EUROFINS SCIENT in a report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold".

EUROFINS SCIENT Stock Performance

The company has a debt-to-equity ratio of 0.77, a current ratio of 1.26 and a quick ratio of 1.19. The stock's 50-day moving average price is $75.74 and its 200-day moving average price is $66.06.

EUROFINS SCIENT 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.