Merck KGaA (ETR:MRK) Stock Price Down 1.4% – Here’s What Happened

Merck KGaA (ETR:MRKGet Free Report) shares dropped 1.4% on Thursday . The stock traded as low as €142.25 ($146.65) and last traded at €143.00 ($147.42). Approximately 227,393 shares were traded during mid-day trading, The stock had previously closed at €145.00 ($149.48).

Merck KGaA Price Performance

The stock has a market cap of $18.35 billion, a PE ratio of 23.51, a P/E/G ratio of 2.37 and a beta of 0.71. The company has a debt-to-equity ratio of 37.56, a current ratio of 1.31 and a quick ratio of 0.72. The firm’s 50 day moving average price is €143.14 and its two-hundred day moving average price is €154.93.

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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