Merck KGaA (ETR:MRK) Trading 0.4% Higher – Here’s What Happened

Merck KGaA (ETR:MRKGet Free Report) shares shot up 0.4% during trading on Thursday . The stock traded as high as €140.30 and last traded at €140.10. Approximately 145,206 shares changed hands during mid-day trading, The stock had previously closed at €139.50.

Merck KGaA Stock Performance

The business has a 50-day moving average of €132.91 and a 200 day moving average of €123.66. The company has a debt-to-equity ratio of 40.47, a current ratio of 1.51 and a quick ratio of 0.72. The company has a market cap of $62.39 billion, a PE ratio of 23.01, a PEG ratio of 2.37 and a beta of 0.82.

Merck KGaA Company Profile

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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. This segment provides drug manufacturers with process development expertise and technologies, such as continuous bioprocessing; testing kits and services; reagents and services; testing solutions that analyze air, water, and soil; and testing and tools, as well as products that help test nutritional value and identify quality inconsistencies.

Further Reading

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