Shares of Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $48.77 and last traded at $50.88, with a volume of 13956 shares trading hands. The stock had previously closed at $50.8760.
Mercedes-Benz Group Stock Performance
The company has a market capitalization of $53.49 billion, a price-to-earnings ratio of 3.77 and a beta of 1.26. The firm has a 50-day simple moving average of $57.59 and a two-hundred day simple moving average of $63.83.
About Mercedes-Benz Group
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.
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