Merck KGaA (MKKGY) – What Are Investment Firms Saying About This Stock?

Shares of Merck KGaA (OTCMKTS:MKKGY) have been given a consensus recommendation of “Reduce” by the six brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company.

MKKGY has been the topic of several analyst reports. HSBC raised shares of Merck KGaA to a “hold” rating in a report on Monday, July 6th. UBS Group downgraded shares of Merck KGaA from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 20th. Finally, Zacks Research lowered shares of Merck KGaA from a “hold” rating to a “strong sell” rating in a research report on Monday, October 12th.

Merck KGaA Stock Performance

MKKGY stock traded up $0.20 during midday trading on Friday, hitting $32.27. The stock had a trading volume of 113,186 shares, compared to its average volume of 83,126. The firm has a market capitalization of $20.85 billion, a price-to-earnings ratio of 16.63, a P/E/G ratio of 3.03 and a beta of 0.95. Merck KGaA has a 52 week low of $23.73 and a 52 week high of $34.19. The stock has a 50-day simple moving average of $31.41 and a 200 day simple moving average of $30.35. The company has a current ratio of 1.69, a quick ratio of 1.09 and a debt-to-equity ratio of 0.37.

Merck KGaA Company Profile

Merck KGaA is a Germany-based science and technology company headquartered in Darmstadt. Founded in 1668, it is one of the world’s oldest pharmaceutical and chemical businesses. The company operates independently from Merck & Co, Inc, the U.S.-based company that uses the Merck name in the United States and Canada.

Merck KGaA operates through three primary business sectors: Life Science, Healthcare and Electronics. Its Life Science business supplies laboratory products, research tools, analytical technologies and bioprocessing solutions used by pharmaceutical and biotechnology companies, academic institutions and industrial laboratories.