Merck KGaA (OTCMKTS:MKKGY) Given Average Recommendation of “Hold” by Analysts

Merck KGaA (OTCMKTS:MKKGY) has been assigned an average rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation.

Several research analysts have recently commented on MKKGY shares. Jefferies Financial Group began coverage on shares of Merck KGaA in a research note on Tuesday, May 26th. They set a “hold” rating on the stock. UBS Group lowered shares of Merck KGaA from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 20th. HSBC upgraded shares of Merck KGaA to a “hold” rating in a report on Monday, July 6th. Finally, Zacks Research downgraded shares of Merck KGaA from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 20th.

Merck KGaA Price Performance

Shares of MKKGY opened at $32.08 on Friday. The firm has a market cap of $20.73 billion, a PE ratio of 16.54, a PEG ratio of 2.65 and a beta of 0.96. The firm’s 50 day moving average price is $32.45 and its 200 day moving average price is $29.54. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.00 and a current ratio of 1.51. Merck KGaA has a twelve month low of $23.73 and a twelve month high of $34.19.

About Merck KGaA

Merck KGaA, Darmstadt, Germany, commonly referred to as Merck Group, is a multinational science and technology company with origins dating back to 1668. The company develops and manufactures products and technologies across healthcare, life science and electronics applications. It is distinct from the U.S. pharmaceutical company Merck & Co; Merck KGaA is a European group headquartered in Darmstadt and is publicly listed in Germany with an OTC American depositary receipt available under the symbol MKKGY.

Merck’s Healthcare business develops prescription medicines and related services focused on areas such as oncology, immunology, neurology (including therapies for multiple sclerosis) and fertility.