Eurofins Scientific SE (OTCMKTS:ERFSF – Get Free Report) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 230,200 shares, a decline of 6.7% from the October 15th total of 246,600 shares. Based on an average daily trading volume, of 9,200 shares, the days-to-cover ratio is currently 25.0 days.
Eurofins Scientific Stock Performance
OTCMKTS:ERFSF opened at $46.98 on Wednesday. Eurofins Scientific has a 12-month low of $44.61 and a 12-month high of $68.45. The stock’s 50 day simple moving average is $55.63 and its 200-day simple moving average is $56.65. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.42 and a quick ratio of 1.34.
Analyst Ratings Changes
Separately, Berenberg Bank upgraded Eurofins Scientific to a “strong-buy” rating in a report on Monday, October 7th.
About Eurofins Scientific
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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