Merck KGaA (OTCMKTS:MKGAF) Stock Price Passes Below Fifty Day Moving Average - Time to Sell?

Key Points

• Merck KGaA's stock price has dropped below its 50-day moving average of $129.15, reaching a low of $123.06 during trading.
• The company experienced a stock decline of 2.8%, currently trading at $127.50 with a market cap of $16.48 billion.
• Merck KGaA operates in Life Science, Healthcare, and Electronics segments, providing tools and chemicals for various industries.

Shares of Merck KGaA (OTCMKTS:MKGAF - ) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $129.15 and traded as low as $123.06. Merck KGaA shares last traded at $127.50, with a volume of 946 shares.

Merck KGaA Stock Down 2.8%

The firm has a fifty day moving average price of $129.15 and a 200-day moving average price of $132.80. 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 has a market cap of $16.48 billion, a price-to-earnings ratio of 19.46 and a beta of 0.96.

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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