Merck KGaA (OTCMKTS:MKKGY) Short Interest Update

by · The Markets Daily

Merck KGaA (OTCMKTS:MKKGY – Get Free Report) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 400 shares, a decline of 75.0% from the November 30th total of 1,600 shares. Based on an average daily volume of 280,200 shares, the days-to-cover ratio is currently 0.0 days.

Merck KGaA Stock Up 0.4 %

Merck KGaA stock traded up $0.10 during mid-day trading on Thursday, hitting $28.82. The company had a trading volume of 57,378 shares, compared to its average volume of 75,663. The stock’s 50 day moving average price is $31.11 and its two-hundred day moving average price is $33.98. Merck KGaA has a 12 month low of $28.29 and a 12 month high of $39.17. The company has a market capitalization of $18.62 billion, a PE ratio of 17.79, a price-to-earnings-growth ratio of 2.32 and a beta of 0.93. The company has a current ratio of 1.33, a quick ratio of 0.91 and a debt-to-equity ratio of 0.28.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group began coverage on Merck KGaA in a research note on Thursday, September 19th. They issued a “buy” rating for the company.

View Our Latest Stock Analysis on Merck KGaA

About Merck KGaA

(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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