Fund Advisors of America Inc FL purchased a new stake in shares of Merck KGaA (OTCMKTS:MKGAF – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,708 shares of the company’s stock, valued at approximately $476,000.
Other hedge funds have also recently bought and sold shares of the company. Frazier Financial Advisors LLC bought a new position in Merck KGaA in the second quarter valued at approximately $25,000. Kilter Group LLC bought a new stake in shares of Merck KGaA during the 2nd quarter worth approximately $62,000. Addison Advisors LLC acquired a new stake in shares of Merck KGaA in the 2nd quarter valued at approximately $90,000. Hara Capital LLC acquired a new stake in shares of Merck KGaA in the 2nd quarter valued at approximately $110,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Merck KGaA in the 2nd quarter valued at approximately $134,000. 0.10% of the stock is currently owned by institutional investors.
Merck KGaA Price Performance
OTCMKTS:MKGAF opened at $163.21 on Friday. The stock has a market capitalization of $21.09 billion, a PE ratio of 24.92 and a beta of 0.96. Merck KGaA has a 1-year low of $116.68 and a 1-year high of $175.56. The firm has a fifty day simple moving average of $162.62 and a 200 day simple moving average of $148.46. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27.
Merck KGaA Profile
Merck KGaA, headquartered in Darmstadt, Germany, is a long-established multinational chemical and pharmaceutical company with roots dating back to 1668. Operating under the brand Merck Group (and using distinct consumer-facing names in certain regions to avoid confusion with other companies of similar name), the company is privately controlled by the Merck family and organizes its activities across multiple business units that serve customers in Europe, the Americas, Asia-Pacific and beyond.
The company’s operations are organized mainly into three businesses.
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