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Merck KGaA (ETR:MRK) Trading 2.2% Higher - Here's Why

Merck KGaA logo with Medical background

Merck KGaA (ETR:MRK - Get Free Report)'s share price shot up 2.2% during mid-day trading on Wednesday . The stock traded as high as €112.40 ($132.24) and last traded at €112.40 ($132.24). 308,870 shares traded hands during trading, The stock had previously closed at €110.00 ($129.41).

Merck KGaA Stock Performance

The company has a market cap of $49.54 billion, a PE ratio of 18.27, a PEG ratio of 2.37 and a beta of 0.71. The firm has a fifty day simple moving average of €116.50 and a 200 day simple moving average of €127.93.

Merck KGaA Company Profile

(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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