Eurofins Scientific SE (OTCMKTS:ERFSF – Get Free Report) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 230,200 shares, a decrease of 6.7% from the October 15th total of 246,600 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is currently 25.0 days.
Eurofins Scientific Stock Up 3.9 %
OTCMKTS ERFSF opened at $48.18 on Tuesday. Eurofins Scientific has a 52 week low of $44.61 and a 52 week high of $68.45. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.42 and a quick ratio of 1.34. The stock has a fifty day moving average of $55.80 and a 200-day moving average of $56.74.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank raised shares of 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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