Merck KGaA (OTCMKTS:MKGAF) Shares Gap Down - Here's Why

Key Points

• Merck KGaA shares opened at $124.67, down from a previous close of $130.26, reflecting a notable gap down in price.
• The company's market capitalization stands at $16.72 billion, with a price-to-earnings ratio of 19.76 and a debt-to-equity ratio of 0.27.
• Merck KGaA operates across three segments: Life Science, Healthcare, and Electronics, providing a range of products and services for various industries.

Shares of Merck KGaA (OTCMKTS:MKGAF - ) gapped down before the market opened on Friday . The stock had previously closed at $130.26, but opened at $124.67. Merck KGaA shares last traded at $129.48, with a volume of 160 shares.

Merck KGaA Price Performance

The stock's 50-day moving average price is $129.70 and its 200-day moving average price is $133.92. The company has a market capitalization of $16.72 billion, a price-to-earnings ratio of 19.76 and a beta of 0.96. The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.27.

About Merck KGaA

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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