Merck KGaA (OTCMKTS:MKGAF) Share Price Passes Below 50-Day Moving Average – Time to Sell?

Merck KGaA (OTCMKTS:MKGAFGet Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $146.45 and traded as low as $138.23. Merck KGaA shares last traded at $144.43, with a volume of 43 shares traded.

Merck KGaA Price Performance

The firm has a market capitalization of $18.67 billion, a P/E ratio of 22.05 and a beta of 0.96. The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.27. The business’s 50-day simple moving average is $146.45 and its 200 day simple moving average is $155.71.

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.

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