Merck KGaA (ETR:MRK) Trading Down 0.7% – Here’s Why

Shares of Merck KGaA (ETR:MRKGet Free Report) fell 0.7% during mid-day trading on Friday . The stock traded as low as €118.90 ($135.11) and last traded at €119.75 ($136.08). 276,859 shares changed hands during trading, The stock had previously closed at €120.60 ($137.05).

Merck KGaA Stock Performance

The stock has a 50 day moving average price of €127.61 and a 200 day moving average price of €139.13. The company has a market cap of $53.95 billion, a P/E ratio of 19.90, a P/E/G ratio of 2.37 and a beta of 0.71.

Merck KGaA Company Profile

(Get Free Report)

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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