Shares of Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $61.31 and traded as low as $58.7250. Mercedes-Benz Group shares last traded at $58.81, with a volume of 17,426 shares.
Mercedes-Benz Group Trading Down 1.7%
The company has a market cap of $62.92 billion, a PE ratio of 4.44 and a beta of 1.26. The business’s 50-day simple moving average is $61.31 and its 200-day simple moving average is $66.10.
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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