Fund Advisors of America Inc FL acquired a new stake in shares of Merck KGaA (OTCMKTS:MKGAF – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 3,708 shares of the company’s stock, valued at approximately $476,000.
Other large investors have also bought and sold shares of the company. Frazier Financial Advisors LLC acquired a new stake in Merck KGaA during the 2nd quarter worth approximately $25,000. Kilter Group LLC bought a new stake in shares of Merck KGaA during the second quarter worth $62,000. Addison Advisors LLC acquired a new stake in shares of Merck KGaA in the second quarter valued at approximately $90,000. Hara Capital LLC bought a new stake in shares of Merck KGaA in the second quarter worth $110,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in shares of Merck KGaA in the second quarter worth $134,000. 0.10% of the stock is owned by institutional investors.
Merck KGaA Stock Performance
Shares of MKGAF opened at $163.21 on Friday. The stock has a market capitalization of $21.09 billion, a price-to-earnings ratio of 24.92 and a beta of 0.96. Merck KGaA has a 12 month low of $116.68 and a 12 month high of $175.56. The firm has a fifty day simple moving average of $162.62 and a 200 day simple moving average of $148.46. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27.
Merck KGaA Company 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.
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