Merck KGaA (OTCMKTS:MKGAF) Stock Price Down 4% – Here’s Why

Merck KGaA (OTCMKTS:MKGAFGet Free Report)’s stock price traded down 4% on Monday . The company traded as low as $162.22 and last traded at $162.22. 108 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 625 shares. The stock had previously closed at $168.90.

Merck KGaA Stock Performance

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.31 and a quick ratio of 0.84. The company has a 50 day simple moving average of $160.10 and a 200-day simple moving average of $147.17. The firm has a market cap of $22.06 billion, a PE ratio of 26.06 and a beta of 0.96.

Merck KGaA Company Profile

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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.

Further Reading

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