Merck KGaA (ETR:MRK) Stock Jumps 1.1% – Here’s What Happened

Merck KGaA (ETR:MRK – Get Free Report) shot up 1.1% on Thursday. The company traded as high as €146.85 and last traded at €146.05. 206,624 shares were traded during trading, The stock had previously closed at €144.50.

Merck KGaA Stock Up 1.1%

The company has a debt-to-equity ratio of 40.77, a quick ratio of 0.72 and a current ratio of 1.69. The firm has a fifty day simple moving average of €137.84 and a 200-day simple moving average of €129.05. The company has a market capitalization of $65.04 billion, a PE ratio of 23.99, a P/E/G ratio of 2.37 and a beta of 0.79.

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. This segment provides drug manufacturers with process development expertise and technologies, such as continuous bioprocessing; testing kits and services; reagents and services; testing solutions that analyze air, water, and soil; and testing and tools, as well as products that help test nutritional value and identify quality inconsistencies.

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