Merck KGaA (OTCMKTS:MKGAF – Get Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $146.55 and traded as high as $149.8970. Merck KGaA shares last traded at $144.25, with a volume of 408 shares changing hands.
Merck KGaA Trading Down 2.6%
The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.27. The business’s fifty day moving average is $146.75 and its 200-day moving average is $136.90. The stock has a market capitalization of $18.16 billion, a PE ratio of 21.46 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.
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