Mercedes-Benz Group (OTCMKTS:MBGAF) Sets New 1-Year Low – Here’s Why

Mercedes-Benz Group AG (OTCMKTS:MBGAFGet Free Report) shares hit a new 52-week low on Thursday . The company traded as low as $54.18 and last traded at $54.18, with a volume of 21750 shares changing hands. The stock had previously closed at $55.47.

Mercedes-Benz Group Trading Down 2.3%

The company has a market cap of $57.96 billion, a price-to-earnings ratio of 4.09 and a beta of 1.26. The business has a fifty day moving average price of $59.59 and a two-hundred day moving average price of $64.96.

Mercedes-Benz Group Company Profile

(Get Free Report)

Mercedes-Benz Group AG (OTCMKTS: MBGAF) is a German multinational automotive manufacturer principally known for the Mercedes‑Benz brand of luxury passenger cars and vans. The company designs, produces and sells a broad spectrum of vehicles that includes compact cars, sedans, sport utilities, coupes, convertibles and light commercial vans, and it provides related aftermarket services and parts. In addition to vehicle manufacturing, the group delivers financing, leasing, insurance and mobility services through its financial-services arm.

Mercedes‑Benz Group markets a portfolio of distinct marques and technology offerings, including Mercedes‑Benz passenger vehicles, Mercedes‑AMG high-performance models, Mercedes‑Maybach luxury variants and the all‑electric EQ family.

Featured Articles

Receive News & Ratings for Mercedes-Benz Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercedes-Benz Group and related companies with MarketBeat.com's FREE daily email newsletter.