Merck KGaA (OTCMKTS:MKGAF) Stock Crosses Below 50 Day Moving Average of $174.19

Merck KGaA (OTCMKTS:MKGAF)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $174.19 and traded as low as $166.98. Merck KGaA shares last traded at $167.55, with a volume of 93 shares changing hands.

Merck KGaA Stock Up 2.2 %

The company has a 50-day moving average price of $174.19 and a 200 day moving average price of $167.70. The firm has a market capitalization of $21.65 billion, a PE ratio of 24.60 and a beta of 0.98. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.29 and a quick ratio of 0.82.

Merck KGaA (OTCMKTS:MKGAF) last announced its quarterly earnings data on Wednesday, May 15th. The company reported $1.74 EPS for the quarter, missing the consensus estimate of $1.92 by ($0.18). Merck KGaA had a net margin of 13.09% and a return on equity of 11.61%. The business had revenue of $5.56 billion during the quarter. Analysts forecast that Merck KGaA will post 9.73 earnings per share for the current year.

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.