Eurofins Scient (OTCMKTS:ERFSF) Stock Price Up 5.4% – Still a Buy?

Eurofins Scient (OTCMKTS:ERFSF) rose 5.4% during mid-day trading on Wednesday. The stock traded as high as $92.7380 and last traded at $92.7380. 13 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 3,971 shares. The stock had previously closed at $88.00.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein cut Eurofins Scient from an “outperform” rating to a “hold” rating in a research note on Tuesday, September 29th. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Eurofins Scient Trading Up 0.5%

The company’s 50 day moving average is $85.63 and its 200 day moving average is $79.06. The company has a quick ratio of 1.07, a current ratio of 1.13 and a debt-to-equity ratio of 0.80.

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.