Merck KGaA (OTCMKTS:MKGAF) Shares Cross Below Fifty Day Moving Average – Should You Sell?

Merck KGaA (OTCMKTS:MKGAF) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $151.41 and traded as low as $146.25. Merck KGaA shares last traded at $146.25, with a volume of 144 shares traded.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Merck KGaA to a “strong-buy” rating in a research note on Thursday, September 19th.

Merck KGaA Price 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 company’s 50 day moving average price is $151.03 and its 200-day moving average price is $168.04. The company has a market cap of $19.12 billion, a price-to-earnings ratio of 22.58 and a beta of 0.96.

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.