Merck KGaA (ETR:MRK) Stock Price Up 1.5% – Should You Buy?

Merck KGaA (ETR:MRKGet Free Report) rose 1.5% during mid-day trading on Wednesday . The company traded as high as €135.65 and last traded at €135.00. Approximately 409,351 shares changed hands during trading, The stock had previously closed at €133.00.

Merck KGaA Price Performance

The company has a 50-day moving average of €123.54 and a 200-day moving average of €121.01. The company has a debt-to-equity ratio of 40.47, a quick ratio of 0.72 and a current ratio of 1.51. The stock has a market cap of $60.12 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.37 and a beta of 0.81.

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. 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.

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