Merck KGaA (OTCMKTS:MKGAF) Stock Price Passes Below 50 Day Moving Average – Here’s Why

Posted by Jessica Moore on Jan 12th, 2025

Merck KGaA (OTCMKTS:MKGAF – Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $149.69 and traded as low as $142.08. Merck KGaA shares last traded at $142.08, with a volume of 496 shares traded.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Merck KGaA to a “strong-buy” rating in a report on Thursday, September 19th.

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Merck KGaA Stock Down 2.3 %

The firm has a market capitalization of $18.36 billion, a price-to-earnings ratio of 21.69 and a beta of 0.96. The firm has a fifty day moving average price of $149.30 and a 200 day moving average price of $167.28. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27.

About Merck KGaA

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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.