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

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

Eurofins Scientific Price Performance

OTCMKTS ERFSF opened at $49.49 on Wednesday. The stock’s 50-day moving average is $49.66 and its two-hundred day moving average is $53.84. Eurofins Scientific has a fifty-two week low of $44.61 and a fifty-two week high of $68.45. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.34 and a current ratio of 1.42.

Eurofins Scientific Company Profile

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.