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Merck KGaA (ETR:MRK) Trading Up 0.6% - Should You Buy?

Merck KGaA logo with Medical background

Merck KGaA (ETR:MRK - Get Free Report) shares shot up 0.6% during trading on Tuesday . The stock traded as high as €116.65 ($134.08) and last traded at €115.90 ($133.22). 265,639 shares changed hands during mid-day trading, The stock had previously closed at €115.20 ($132.41).

Merck KGaA Price Performance

The firm's fifty day simple moving average is €117.99 and its 200 day simple moving average is €131.16. The company has a market capitalization of $51.12 billion, a price-to-earnings ratio of 18.86, a PEG ratio of 2.37 and a beta of 0.71.

About Merck KGaA

(Get Free Report)

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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