Eurofins Scient (OTCMKTS:ERFSF) Shares Gap Up – What’s Next?

Eurofins Scient (OTCMKTS:ERFSF)’s stock price gapped up before the market opened on Friday. The stock had previously closed at $90.0250, but opened at $93.50. Eurofins Scient shares last traded at $93.50, with a volume of 565 shares traded.

Analysts Set New Price Targets

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

Eurofins Scient Trading Up 4.0%

The company has a current ratio of 1.13, a quick ratio of 1.07 and a debt-to-equity ratio of 0.80. The firm’s 50-day moving average price is $85.99 and its two-hundred day moving average price is $79.24.

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.