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Merck KGaA (ETR:MRK) Shares Up 2.2% - Here's What Happened

Merck KGaA logo with Medical background

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

Merck KGaA Trading Down 1.7%

The business has a 50 day simple moving average of €116.50 and a 200-day simple moving average of €128.02. The stock has a market capitalization of $49.32 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 2.37 and a beta of 0.71.

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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