Merck KGaA (OTCMKTS:MKGAF) Shares Gap Up – What’s Next?

Merck KGaA (OTCMKTS:MKGAF)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $142.15, but opened at $150.3160. Merck KGaA shares last traded at $138.89, with a volume of 23 shares traded.

Merck KGaA Stock Up 5.8%

The company has a 50 day moving average of $136.61 and a 200-day moving average of $132.96. 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 company has a market cap of $19.45 billion, a P/E ratio of 22.97 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.