Merck KGaA (OTCMKTS:MKGAF) Shares Pass Below Fifty Day Moving Average – What’s Next?

Merck KGaA (OTCMKTS:MKGAFGet Free Report)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $146.45 and traded as low as $138.23. Merck KGaA shares last traded at $144.43, with a volume of 43 shares trading hands.

Merck KGaA Trading Down 3.6 %

The business’s 50 day simple moving average is $146.28 and its two-hundred day simple moving average is $155.08. The stock has a market cap of $17.98 billion, a P/E ratio of 21.25 and a beta of 0.96. The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.27.

Merck KGaA Company Profile

(Get Free Report)

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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