Merck KGaA (OTCMKTS:MKGAF) Sets New 52-Week High – Time to Buy?

Merck KGaA (OTCMKTS:MKGAFGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $170.3750 and last traded at $170.3750, with a volume of 16 shares traded. The stock had previously closed at $155.71.

Merck KGaA Stock Performance

The firm’s 50-day moving average price is $147.28 and its two-hundred day moving average price is $143.90. The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $21.78 billion, a PE ratio of 25.73 and a beta of 0.96.

About Merck KGaA

(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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