Mercedes-Benz Group (OTCMKTS:MBGYY) Reaches New 52-Week Low – What’s Next?

Mercedes-Benz Group AG (OTCMKTS:MBGYY) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$13.52 and last traded at C$13.53, with a volume of 381159 shares. The stock had previously closed at C$13.74.

Mercedes-Benz Group Stock Down 1.5%

The company has a debt-to-equity ratio of 0.66, a current ratio of 1.38 and a quick ratio of 1.06. The company has a market capitalization of C$52.11 billion, a P/E ratio of 9.08 and a beta of 0.78. The stock has a 50-day moving average price of C$14.87 and a 200-day moving average price of C$16.19.

Mercedes-Benz Group (OTCMKTS:MBGYY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported C$0.44 earnings per share (EPS) for the quarter. Mercedes-Benz Group had a return on equity of 5.33% and a net margin of 3.74%.The company had revenue of C$36.98 billion during the quarter. On average, research analysts predict that Mercedes-Benz Group AG will post 1.48 EPS for the current fiscal year.

About Mercedes-Benz Group

Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.