Eurofins Scient (OTCMKTS:ERFSF) Shares Gap Down – Here’s Why

Eurofins Scient (OTCMKTS:ERFSF)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $73.7820, but opened at $71.2280. Eurofins Scient shares last traded at $73.8648, with a volume of 201 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Eurofins Scient in a research note on Wednesday, October 29th. Citigroup restated a “neutral” rating on shares of Eurofins Scient in a research note on Wednesday, October 22nd. One analyst has rated the stock with a Strong Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Eurofins Scient Stock Down 0.7%

The company has a current ratio of 1.26, a quick ratio of 1.19 and a debt-to-equity ratio of 0.77. The business has a fifty day simple moving average of $69.98 and a two-hundred day simple moving average of $72.78.

Eurofins Scient Company Profile

Eurofins Scientific is a global provider of bioanalytical testing and laboratory services, offering a wide array of testing solutions to pharmaceutical, food, environmental, agriscience and consumer products industries. Its core services include pharmaceutical quality control, environmental testing for water and air quality, food safety analysis, agrochemical trials and clinical diagnostic support. The company operates specialized laboratories equipped with advanced analytical technologies such as chromatography, mass spectrometry and molecular biology to ensure compliance with regulatory standards and to support research and development efforts across multiple sectors.

Founded in 1987 by Gilles Martin and headquartered in Luxembourg, Eurofins has grown through a combination of organic expansion and strategic acquisitions.