Merck KGaA (ETR:MRK) Trading Up 0.6% – Here’s Why
by Michael Walen · The Markets DailyMerck KGaA (ETR:MRK – Get Free Report) shares rose 0.6% on Thursday . The company traded as high as €133.00 and last traded at €131.70. 274,993 shares were traded during trading, The stock had previously closed at €130.90.
Merck KGaA Stock Up 0.6%
The stock has a market cap of $58.65 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.37 and a beta of 0.81. The firm has a 50 day simple moving average of €138.64 and a two-hundred day simple moving average of €127.66. The company has a debt-to-equity ratio of 40.77, a current ratio of 1.69 and a quick ratio of 0.72.
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. This segment provides drug manufacturers with process development expertise and technologies, such as continuous bioprocessing; testing kits and services; reagents and services; testing solutions that analyze air, water, and soil; and testing and tools, as well as products that help test nutritional value and identify quality inconsistencies.