Among the biggest risers on the S&P 500 on Thursday January 28 was Merck & Company Inc. (new) ($MRK), popping some 1.1% to a price of $77.92 a share with
some 12.35 million shares trading hands.
Starting the day trading at $77.08, Merck & Company Inc. (new) reached an intraday high of $78.51 and hit intraday lows of $77.07. Shares gained $0.85 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 2.53 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $65.25 to $89.20.
Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections. Within cancer, the firm’s immuno-oncology platform is growing as a major contributor to overall sales. The company also has a substantial vaccine business, with treatments to prevent hepatitis B and pediatric diseases as well as HPV and shingles. Additionally, Merck sells animal health-related drugs. From a geographical perspective, close to 40% of the firm’s sales are generated in the United States.
Merck & Company Inc. (new) has its corporate headquarters located in Kenilworth, NJ and employs 71,000 people. Its market cap has now risen to $197.14 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 6.75, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Merck & Company Inc. (new), check out Stock Valuation Analysis tool for MRK.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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