one8zero8 LLC bought a new position in Merck KGaA (OTCMKTS:MKGAF – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,460 shares of the company’s stock, valued at approximately $830,000.
A number of other institutional investors have also modified their holdings of MKGAF. Kentucky Farm Bureau Mutual Insurance Co acquired a new position in shares of Merck KGaA in the 2nd quarter worth approximately $4,076,000. Addison Advisors LLC bought a new stake in Merck KGaA during the 2nd quarter valued at $90,000. Mmbg Investment Advisors CO. bought a new stake in Merck KGaA during the 2nd quarter valued at $2,919,000. West Family Investments Inc. acquired a new position in Merck KGaA during the 2nd quarter worth $1,632,000. Finally, Knuff & Co LLC bought a new position in shares of Merck KGaA in the second quarter worth $1,675,000. Institutional investors and hedge funds own 0.10% of the company’s stock.
Merck KGaA Price Performance
OTCMKTS MKGAF opened at $167.38 on Thursday. Merck KGaA has a 12 month low of $116.68 and a 12 month high of $175.56. The firm has a market capitalization of $21.63 billion, a PE ratio of 25.55 and a beta of 0.96. The company’s 50 day simple moving average is $162.50 and its 200 day simple moving average is $148.28. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.31 and a quick ratio of 0.84.
Merck KGaA 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.
Featured Articles
- Five stocks we like better than Merck KGaA
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding MKGAF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Merck KGaA (OTCMKTS:MKGAF – Free Report).
Receive News & Ratings for Merck KGaA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merck KGaA and related companies with MarketBeat.com's FREE daily email newsletter.
