Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $53.50 and last traded at $53.7850, with a volume of 56723 shares. The stock had previously closed at $55.4480.
Mercedes-Benz Group Stock Down 3.0%
The stock has a market cap of $57.54 billion, a P/E ratio of 4.06 and a beta of 1.26. The firm’s fifty day moving average price is $59.03 and its 200-day moving average price is $64.58.
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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