Merck KGaA (OTCMKTS:MKGAF) Stock Passes Below Fifty Day Moving Average – Here’s Why

Merck KGaA (OTCMKTS:MKGAF)’s stock price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $146.66 and traded as low as $143.70. Merck KGaA shares last traded at $143.70, with a volume of 7 shares changing hands.

Merck KGaA Stock Performance

The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $18.57 billion, a PE ratio of 21.94 and a beta of 0.96. The firm’s fifty day moving average price is $146.66 and its 200 day moving average price is $158.93.

Merck KGaA Company Profile

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.