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Merck KGaA (OTCMKTS:MKGAF) Stock Crosses Below 50 Day Moving Average - Time to Sell?

Merck KGaA logo with Medical background
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Shares of Merck KGaA (OTCMKTS:MKGAF - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $146.66 and traded as low as $143.70. Merck KGaA shares last traded at $143.70, with a volume of 7 shares changing hands.

Merck KGaA Stock Performance

The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31. The firm has a market cap of $19.28 billion, a price-to-earnings ratio of 22.77 and a beta of 0.96. The firm's 50 day moving average is $146.46 and its 200-day moving average is $157.92.

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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