Eurofins Scient (OTCMKTS:ERFSF) Shares Gap Down - Here's What Happened

Key Points

• Eurofins Scient shares experienced a 4.2% drop, opening at $72.94 compared to the previous closing of $77.00.
• Citigroup has restated a "neutral" rating for Eurofins Scient, with an overall average rating of "Hold" assessed by market analysts.
• The company has solid financial ratios, including a debt-to-equity ratio of 0.77 and a current ratio of 1.26.

Eurofins Scient (OTCMKTS:ERFSF - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $77.00, but opened at $72.94. Eurofins Scient shares last traded at $72.94, with a volume of 166 shares trading hands.

Wall Street Analyst Weigh In

Separately, Citigroup restated a "neutral" rating on shares of Eurofins Scient in a research note 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 stock. Based on data from MarketBeat, the stock has an average rating of "Hold".

Eurofins Scient Stock Down 4.2%

The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.19 and a current ratio of 1.26. The business's 50-day moving average price is $75.58 and its 200-day moving average price is $65.84.

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.

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