Merck KGaA (OTCMKTS:MKGAF) Sees Strong Trading Volume – Here’s Why

Merck KGaA (OTCMKTS:MKGAFGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 706 shares were traded during trading, an increase of 94% from the previous session’s volume of 364 shares.The stock last traded at $151.9990 and had previously closed at $153.11.

Merck KGaA Price 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 stock has a 50 day simple moving average of $141.98 and a 200-day simple moving average of $135.05. The firm has a market cap of $18.64 billion, a PE ratio of 22.01 and a beta of 0.96.

About Merck KGaA

(Get Free Report)

Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.

The company’s operations are organized mainly into three businesses.

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