Merck KGaA (OTCMKTS:MKGAF) Shares Gap Down – Here’s Why

Merck KGaA (OTCMKTS:MKGAFGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $149.11, but opened at $142.6370. Merck KGaA shares last traded at $138.2130, with a volume of 186 shares traded.

Merck KGaA Price Performance

The business’s 50 day moving average is $135.52 and its 200-day moving average is $132.49. The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $18.43 billion, a P/E ratio of 21.77 and a beta of 0.96.

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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