Merck KGaA (ETR:MRK) Shares Climb 0.8% – Time to Buy?

Merck KGaA (ETR:MRK)’s share price was up 0.8% during mid-day trading on Thursday. The stock traded as high as €141.10 and last traded at €140.15. Approximately 445,194 shares traded hands during trading, The stock had previously closed at €139.00.

Merck KGaA Stock Up 0.8%

The stock’s fifty day moving average is €137.45 and its two-hundred day moving average is €129.94. The company has a current ratio of 1.69, a quick ratio of 0.72 and a debt-to-equity ratio of 40.77. The company has a market capitalization of $62.41 billion, a PE ratio of 23.02, a P/E/G ratio of 2.37 and a beta of 0.81.

About Merck KGaA

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.