Merck KGaA (OTCMKTS:MKGAF) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Merck KGaA (OTCMKTS:MKGAFGet Free Report)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $150.03 and traded as high as $156.0350. Merck KGaA shares last traded at $154.32, with a volume of 514 shares traded.

Merck KGaA Price Performance

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.31 and a quick ratio of 0.84. The stock has a 50 day simple moving average of $150.03 and a two-hundred day simple moving average of $139.27. The company has a market cap of $19.94 billion, a price-to-earnings ratio of 23.56 and a beta of 0.96.

Merck KGaA Company Profile

(Get Free Report)

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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