Mercedes-Benz Group (OTCMKTS:MBGAF – Get Free Report) is expected to be issuing its results before the market opens on Wednesday, October 28th. Analysts expect the company to post earnings of $1.42 per share and revenue of $35.04 billion for the quarter.
Mercedes-Benz Group Stock Performance
Shares of MBGAF stock opened at $45.50 on Monday. The company has a market capitalization of $48.68 billion, a P/E ratio of 3.43 and a beta of 1.26. Mercedes-Benz Group has a 12 month low of $43.41 and a 12 month high of $72.81. The stock has a 50 day moving average of $49.69 and a two-hundred day moving average of $53.68.
About Mercedes-Benz Group
Mercedes-Benz Group AG is a German automotive company headquartered in Stuttgart, Germany. The company traces its origins to the work of Karl Benz and Gottlieb Daimler in the late 19th century and operated as Daimler AG until adopting the Mercedes-Benz Group name in 2022. It focuses primarily on premium and luxury passenger vehicles, commercial vans, and mobility-related financial services.
Through its Mercedes-Benz Cars division, the company develops and sells sedans, SUVs, coupes, convertibles, and electric vehicles under the Mercedes-Benz brand.
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