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Merck KGaA (OTCMKTS:MKGAF) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

Merck KGaA logo with Medical background

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Shares of Merck KGaA (OTCMKTS:MKGAF - Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $130.47 and traded as low as $126.18. Merck KGaA shares last traded at $131.58, with a volume of 49 shares traded.

Merck KGaA Trading Up 0.4%

The firm has a market cap of $17.21 billion, a P/E ratio of 20.33 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. The firm's 50-day simple moving average is $130.33 and its 200 day simple moving average is $135.17.

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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