Merck KGaA (OTCMKTS:MKGAF) Stock Price Down 7% – Should You Sell?

Merck KGaA (OTCMKTS:MKGAFGet Free Report)’s stock price dropped 7% on Wednesday . The company traded as low as $138.6690 and last traded at $138.6690. Approximately 116 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 864 shares. The stock had previously closed at $149.11.

Merck KGaA Stock Performance

The firm has a market cap of $17.92 billion, a PE ratio of 21.17 and a beta of 0.96. The company has a 50 day simple moving average of $135.54 and a 200-day simple moving average of $132.43. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.31 and a quick ratio of 0.84.

About Merck KGaA

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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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