Merck KGaA (OTCMKTS:MKGAF) Hits New 1-Year High – Here’s Why

Merck KGaA (OTCMKTS:MKGAFGet Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $175.5590 and last traded at $175.5590, with a volume of 19 shares. The stock had previously closed at $170.00.

Merck KGaA Trading Up 5.8%

The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31. The firm has a fifty day moving average price of $149.16 and a 200 day moving average price of $144.55. The company has a market cap of $22.69 billion, a price-to-earnings ratio of 26.80 and a beta of 0.96.

Merck KGaA Company Profile

(Get Free Report)

Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.

The company’s operations are organized mainly into three businesses.

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