Berenberg Bank Downgrades Eurofins Scientific (OTCMKTS:ERFSF) to Hold

Eurofins Scientific (OTCMKTS:ERFSF) was downgraded by Berenberg Bank from a “strong-buy” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Eurofins Scientific Price Performance

Shares of OTCMKTS ERFSF opened at $49.49 on Wednesday. The business has a fifty day moving average price of $49.66 and a two-hundred day moving average price of $53.84. The company has a quick ratio of 1.34, a current ratio of 1.42 and a debt-to-equity ratio of 0.64. Eurofins Scientific has a fifty-two week low of $44.61 and a fifty-two week high of $68.45.

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.