Merck KGaA (ETR:MRK) Shares Climb 1.1% – Here’s Why

Shares of Merck KGaA (ETR:MRK) traded up 1.1% during mid-day trading on Thursday. The stock traded as high as €146.85 and last traded at €146.05. 206,624 shares were traded during mid-day trading, The stock had previously closed at €144.50.

Merck KGaA Stock Up 0.7%

The company has a quick ratio of 0.72, a current ratio of 1.69 and a debt-to-equity ratio of 40.77. The stock’s 50-day simple moving average is €138.08 and its 200 day simple moving average is €129.16. The firm has a market cap of $67.38 billion, a P/E ratio of 24.85, a PEG ratio of 2.37 and a beta of 0.79.

About Merck KGaA

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.