Eurofins Scientific SE (ERF) Decline -0.42% on Sep 12

September 12, 2017 - By Adrian Erickson

Shares of Eurofins Scientific SE (EPA:ERF) last traded at 503.15, representing a move of -0.42%, or -2.1 per share, on volume of 8,816 shares. After opening the trading day at 510, shares of Eurofins Scientific SE traded in a close range. Eurofins Scientific SE currently has a total float of 16.93M shares and on average sees 15,081 shares exchange hands each day. The stock now has a 52-week low of 365.75 and high of 516.

Euronext Paris Then And Now

The European region is home to the best and most competitive stock exchanges in the world; and the Euronext is one of them. However, the Euronext has a far more interesting component backed by a rich history even before the foundation of the pan-European stock exchange— Euronext Paris. Eurofins Scientific SE had to work hard to be the part of Euronext.

Euronext Paris Then

Euronext Paris was first known as the Paris Bourse. The foundation of the Euronext on September 22, 2000, which emerged from the union of the Amsterdam Stock Exchange, Brussels Stock Exchange, and Parks Bourse, gave birth to its identity today. The main objective of the creation of the first pan-European stock exchange is to take advantage of the resources of the European Union (EU) in a broader and unified attempt to drive long-term economic growth. Only healthy companies like Eurofins Scientific SE can be allowed at the market. Truly enough, Euronext Paris is living up to its founding mission until today— helping the European economy thrive even at pressing times.

The CAC 40, the benchmark index in France monitoring the most significant companies listed on Euronext Paris, is among the most anticipated indices of the Euronext along with PSI 20, Next 150, Euronext 100, BEL 20, AScX, AMX, AEX, among others. It tracks companies with a base value of 1,000 and a base date of December 31, 1987.

In January 1988, the CAC had reached its lowest level ever, closing a session at 893.82.

Euronext Paris Now

Since the establishment of the Euronext, Euronext Paris has already gone a long way. As of the earlier part of 2014, the Euronext has a total market valuation of nearly €3 trillion.

Unlike the Dow Jones Industrial Average (DJIA), the CAC 40 has been weighing stocks based on free-float market capitalization and share turnover over the previous 12-month period since December 1, 2003. Prior to this, it has been weighing stocks based on overall market valuation.

All the factors of Eurofins Scientific SE reliability is carefully checked by specialists. CAC 40 components are reviewed four times annually, particularly on the third Friday of the months of March, June, September, and December. The stocks are capped at 15% if the need calls for it. The Index Steering Committee, which handles the review, ranks the top 100 companies on Euronext Paris. A total of 40 out of 100 stocks are chosen to compose the CAC 40, making up a strong indicator of the health of France’s economy.

The CAC 40 holds an all-time high of 6,922.33, which was seen on September 4, 2000 before the foundation of the Euronext. On September 4, 2000, it had an intraday high of 6,944.77. Presently, the CAC 40 is trading at around 4,000.

The requirements to trade include a minimum trade size of one index and a margin of 2%— as far as most brokers are concerned. The CAC 40 moves in increments of 0.50. The main currency, on the other hand, is euro.

Europe has a very promising economy and France is one of the reasons behind it. As the region’s economy immensely grows, Euronext Paris is a hot stock exchange to enter today for all kinds of investors seeking high returns. High returns of Eurofins Scientific SE gives its advantage among its rivals.

More notable recent Eurofins Scientific SE (EPA:ERF) news were published by: which released: “CORRECTING and REPLACING: Eurofins Scientific SE: Disclosure of Total Number …” on September 05, 2017, also with their article: “0.00” published on April 27, 2017, published: “Eurofins Scientific SE: Form to Be Used for the Disclosure of the Total Number …” on September 02, 2016. More interesting news about Eurofins Scientific SE (EPA:ERF) were released by: and their article: “Eurofins Scientific SE: Viracor-IBT Laboratories Inc.’s Zika Virus RT-PCR Test …” published on July 20, 2016 as well as‘s news article titled: “Eurofins Announces the Potential Launch of a New Senior Eur 500m Bond on the …” with publication date: July 17, 2017.

Eurofins Scientific SE is a Luxembourg firm engaged in the business support services industry. The company has market cap of 8.57 billion EUR. The Firm joins a part of international group of laboratories providing a range of analytical testing services to the pharmaceutical, food, environmental and consumer products industries and to governments. It has a 38.26 P/E ratio. It operates through a number of subsidiaries, such as VRL Laboratories in the United States, Agfirst Bay of Plenty, a fruit maturity testing laboratory in New Zealand, and Megalab SA, a clinical diagnostic laboratory in Spain.

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