Mercedes-Benz Group AG (OTCMKTS:MBGYY – Get Free Report)’s share price reached a new 52-week low on Wednesday . The company traded as low as C$13.52 and last traded at C$13.57, with a volume of 217049 shares trading hands. The stock had previously closed at C$13.64.
Mercedes-Benz Group Stock Down 5.4%
The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.66. The firm’s 50 day simple moving average is C$14.67 and its 200-day simple moving average is C$16.06. The stock has a market capitalization of C$48.95 billion, a price-to-earnings ratio of 8.53 and a beta of 0.78.
Mercedes-Benz Group (OTCMKTS:MBGYY – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C$0.44 EPS for the quarter. The company had revenue of C$36.98 billion during the quarter. Mercedes-Benz Group had a net margin of 3.74% and a return on equity of 5.33%. Equities analysts expect that Mercedes-Benz Group AG will post 1.46 earnings per share 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.
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