Merck KGaA (ETR:MRK) Shares Up 0.7% – Here’s Why

Shares of Merck KGaA (ETR:MRKGet Free Report) shot up 0.7% during trading on Friday . The stock traded as high as €136.60 ($142.29) and last traded at €136.45 ($142.14). 307,537 shares were traded during mid-day trading, The stock had previously closed at €135.45 ($141.09).

Merck KGaA Stock Performance

The company’s 50 day moving average price is €140.93 and its 200 day moving average price is €151.70. The company has a market cap of $60.34 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 2.37 and a beta of 0.71.

Merck KGaA Company Profile

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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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