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Merck KGaA (OTCMKTS:MKGAF) Shares Pass Above Fifty Day Moving Average - What's Next?

Merck KGaA logo with Medical background

Merck KGaA (OTCMKTS:MKGAF - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $133.63 and traded as high as $136.05. Merck KGaA shares last traded at $133.37, with a volume of 1,069 shares.

Merck KGaA Stock Down 3.1%

The company has a market capitalization of $17.06 billion, a P/E ratio of 20.15 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31. The stock has a 50 day moving average price of $134.08 and a 200 day moving average price of $141.40.

About Merck KGaA

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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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