Mercedes-Benz Group (OTCMKTS:MBGAF) Sets New 52-Week High – Time to Buy?

Mercedes-Benz Group AG (OTCMKTS:MBGAFGet Free Report)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $70.27 and last traded at $70.00, with a volume of 24141 shares trading hands. The stock had previously closed at $67.5850.

Mercedes-Benz Group Stock Performance

The business’s 50 day moving average is $64.77 and its 200-day moving average is $61.71. The firm has a market capitalization of $75.06 billion, a price-to-earnings ratio of 5.30 and a beta of 1.26.

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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