EUROFINS SCIENT (OTCMKTS:ERFSF) Stock Price Down 4.8% - Here's What Happened

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) was down 4.8% on Monday . The stock traded as low as $77.06 and last traded at $77.06. Approximately 57 shares changed hands during trading, a decline of 96% from the average daily volume of 1,538 shares. The stock had previously closed at $80.98.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Citigroup restated a "neutral" rating on shares of EUROFINS SCIENT in a research report on Friday, July 25th. HSBC downgraded shares of EUROFINS SCIENT to a "hold" rating in a research report on Friday, April 25th. Finally, Hsbc Global Res cut shares of EUROFINS SCIENT from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 25th. Five investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

EUROFINS SCIENT Price 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 company has a 50-day moving average price of $73.38 and a 200 day moving average price of $63.03.

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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