Eurofins Scient (OTCMKTS:ERFSF) Sees Strong Trading Volume – Here’s Why

Shares of Eurofins Scient (OTCMKTS:ERFSF) saw strong trading volume on Tuesday. 36,380 shares traded hands during trading, an increase of 849% from the average daily volume of 3,835 shares. The stock last traded at $95.7901 and had previously closed at $96.1580.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein downgraded shares of Eurofins Scient from an “outperform” rating to a “hold” rating in a research note on Tuesday, September 29th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Eurofins Scient Stock Performance

The company has a debt-to-equity ratio of 0.80, a current ratio of 1.13 and a quick ratio of 1.07. The company has a 50-day simple moving average of $87.70 and a two-hundred day simple moving average of $79.53.

About Eurofins Scient

Eurofins Scientific SE is a Luxembourg-based international laboratory and testing services company. It provides analytical, inspection and certification services for the pharmaceutical, food, environmental, agricultural, consumer products and healthcare industries.

The company’s services include laboratory testing, product safety and quality analysis, environmental monitoring, pharmaceutical development and validation, genomic testing, clinical diagnostics, and agroscience services. Eurofins also supports companies and public-sector organizations with research, regulatory compliance and quality-control programs.

Founded in 1987 by Gilles Martin, Eurofins has expanded from its original focus on food testing into a broad network of laboratories and specialized testing businesses serving customers in Europe, North America, Asia-Pacific and other international markets.