Merck KGaA (OTCMKTS:MKGAF) Sets New 52-Week High – Here’s Why

Merck KGaA (OTCMKTS:MKGAFGet Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $175.5590 and last traded at $175.5590, with a volume of 19 shares. The stock had previously closed at $170.00.

Merck KGaA Stock Performance

The firm has a market capitalization of $21.97 billion, a P/E ratio of 25.95 and a beta of 0.96. The stock has a 50-day simple moving average of $150.33 and a two-hundred day simple moving average of $144.96. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27.

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.

See Also

Receive News & Ratings for Merck KGaA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merck KGaA and related companies with MarketBeat.com's FREE daily email newsletter.