Merck KGaA (ETR:MRK) Trading Up 1.5% – Here’s Why

Shares of Merck KGaA (ETR:MRKGet Free Report) rose 1.5% during trading on Wednesday . The stock traded as high as €135.65 and last traded at €135.00. 409,351 shares were traded during mid-day trading, The stock had previously closed at €133.00.

Merck KGaA Trading Up 1.5%

The company has a debt-to-equity ratio of 40.47, a current ratio of 1.51 and a quick ratio of 0.72. The business’s 50 day moving average price is €123.54 and its 200-day moving average price is €121.01. The firm has a market capitalization of $60.12 billion, a price-to-earnings ratio of 22.18, a price-to-earnings-growth ratio of 2.37 and a beta of 0.81.

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. 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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