Merck KGaA (OTCMKTS:MKGAF – Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $155.21, but opened at $161.24. Merck KGaA shares last traded at $159.6070, with a volume of 9 shares.
Merck KGaA Trading Up 6.9%
The company’s 50 day moving average price is $143.64 and its 200 day moving average price is $142.97. The company has a market cap of $20.59 billion, a price-to-earnings ratio of 24.32 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.
About Merck KGaA
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.
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