Merck KGaA (OTCMKTS:MKGAF) Shares Gap Down – Here’s What Happened

Merck KGaA (OTCMKTS:MKGAF)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $145.71, but opened at $138.00. Merck KGaA shares last traded at $134.60, with a volume of 150 shares traded.

Merck KGaA Price Performance

The company has a market capitalization of $16.73 billion, a price-to-earnings ratio of 19.76 and a beta of 0.96. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27. The company has a 50 day moving average price of $149.80 and a 200 day moving average price of $139.63.

Merck KGaA Company Profile

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.