29,135 Shares in Merck KGaA $MKGAF Acquired by Diversify Advisory Services LLC

Diversify Advisory Services LLC acquired a new stake in Merck KGaA (OTCMKTS:MKGAF) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 29,135 shares of the company’s stock, valued at approximately $3,810,000.

Separately, Gables Capital Management Inc. purchased a new stake in Merck KGaA in the second quarter worth $2,095,000. Institutional investors and hedge funds own 0.10% of the company’s stock.

Merck KGaA Stock Performance

Shares of MKGAF opened at $160.21 on Wednesday. Merck KGaA has a 1 year low of $116.68 and a 1 year high of $175.56. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.31 and a quick ratio of 0.84. The stock’s fifty day moving average price is $162.32 and its two-hundred day moving average price is $148.21. The firm has a market cap of $20.71 billion, a PE ratio of 24.46 and a beta of 0.96.

About Merck KGaA

Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.

The company’s operations are organized mainly into three businesses.