Merck KGaA (OTCMKTS:MKGAF) Stock Price Down 6.8% – Here’s What Happened

Merck KGaA (OTCMKTS:MKGAFGet Free Report) was down 6.8% on Thursday . The stock traded as low as $134.9420 and last traded at $134.9430. Approximately 817 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 878 shares. The stock had previously closed at $144.8350.

Merck KGaA Stock Down 1.5%

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 market cap of $18.44 billion, a PE ratio of 21.79 and a beta of 0.96. The stock has a fifty day moving average price of $134.63 and a 200-day moving average price of $131.87.

Merck KGaA Company Profile

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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.

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