Mercedes-Benz Group (OTCMKTS:MBGAF) Hits New 52-Week High – Here’s Why

Mercedes-Benz Group AG (OTCMKTS:MBGAFGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $68.17 and last traded at $67.80, with a volume of 8035 shares changing hands. The stock had previously closed at $67.7550.

Mercedes-Benz Group Trading Down 0.9%

The firm has a market capitalization of $71.83 billion, a price-to-earnings ratio of 5.07 and a beta of 1.26. The stock has a fifty day moving average of $62.53 and a 200-day moving average of $60.84.

About Mercedes-Benz Group

(Get Free Report)

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.

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