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

Merck KGaA (OTCMKTS:MKGAF) shares saw unusually-high trading volume on Thursday . Approximately 1,494 shares were traded during trading, an increase of 241% from the previous session’s volume of 438 shares.The stock last traded at $156.1850 and had previously closed at $155.74.

Merck KGaA Trading Up 0.3%

The firm has a market cap of $20.19 billion, a price-to-earnings ratio of 23.85 and a beta of 0.96. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31. The company has a 50 day moving average price of $148.67 and a 200 day moving average price of $138.09.

Merck KGaA Company Profile

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.