EUROFINS SCIENT (OTCMKTS:ERFSF) Stock Price Up 8% - What's Next?

Key Points

• Shares of Eurofins Scient rose 8% recently, trading at $83.02, following a previous close of $76.88.
• Despite the stock's increase, analysts from HSBC downgraded Eurofins Scient from a "strong-buy" to a "hold" rating, with a consensus rating of "Hold" among six research analysts.
• The company has a quick ratio of 1.09 and a debt-to-equity ratio of 0.58, indicating a stable financial position.

EUROFINS SCIENT (OTCMKTS:ERFSF - Get Free Report)'s share price was up 8% during trading on Friday . The company traded as high as $83.02 and last traded at $83.02. Approximately 1,081 shares changed hands during trading, a decline of 31% from the average daily volume of 1,566 shares. The stock had previously closed at $76.88.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ERFSF shares. Citigroup reiterated a "neutral" rating on shares of EUROFINS SCIENT in a research report on Friday. HSBC cut EUROFINS SCIENT to a "hold" rating in a research report on Friday, April 25th. Finally, Hsbc Global Res lowered EUROFINS SCIENT from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 25th. Five investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

EUROFINS SCIENT Trading Up 1.5%

The company has a quick ratio of 1.19, a current ratio of 1.26 and a debt-to-equity ratio of 0.77. The firm has a 50 day moving average price of $69.97 and a two-hundred day moving average price of $60.34.

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.