Merck KGaA (OTCMKTS:MKGAF) Shares Down 6.8% – What’s Next?

Merck KGaA (OTCMKTS:MKGAFGet Free Report) shares were down 6.8% on Thursday . The company traded as low as $134.9420 and last traded at $134.9430. Approximately 817 shares were traded during trading, a decline of 7% from the average daily volume of 878 shares. The stock had previously closed at $144.8350.

Merck KGaA Stock Performance

The firm’s 50-day simple moving average is $135.21 and its 200-day simple moving average is $132.01. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $18.87 billion, a PE ratio of 22.29 and a beta of 0.96.

About Merck KGaA

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Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company's Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector.

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