Eurofins Scient (OTCMKTS:ERFSF) Stock Price Down 4.8% - What's Next?

Key Points

• EUROFINS SCIENT stock fell by 4.8% on Monday, trading at $77.06, a significant drop from its previous close of $80.98.
• The trading volume was drastically low, with only 57 shares changing hands, marking a 96% decline from the average daily volume.
• Wall Street analysts currently have a consensus rating of "Hold" on EUROFINS SCIENT, with recent downgrades from HSBC and Citigroup.

Eurofins Scient (OTCMKTS:ERFSF - Get Free Report) traded down 4.8% on Monday . The stock traded as low as $77.06 and last traded at $77.06. 57 shares changed hands during trading, a decline of 96% from the average session volume of 1,538 shares. The stock had previously closed at $80.98.

Wall Street Analyst Weigh In

ERFSF has been the topic of a number of research analyst reports. Hsbc Global Res lowered Eurofins Scient from a "strong-buy" rating to a "hold" rating in a report on Friday, April 25th. HSBC downgraded shares of Eurofins Scient to a "hold" rating in a research note on Friday, April 25th. Finally, Citigroup reiterated a "neutral" rating on shares of Eurofins Scient in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold".

Eurofins Scient Stock Performance

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 has a fifty day simple moving average of $74.48 and a two-hundred day simple moving average of $63.88.

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.