Shares of Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report) saw strong trading volume on Wednesday . Approximately 17,616 shares traded hands during trading, a decline of 17% from the previous session’s volume of 21,129 shares.The stock last traded at $54.4130 and had previously closed at $55.4480.
Mercedes-Benz Group Stock Down 3.9%
The firm’s fifty day moving average is $58.84 and its two-hundred day moving average is $64.46. The firm has a market cap of $55.13 billion, a P/E ratio of 3.89 and a beta of 1.26.
Mercedes-Benz Group Company Profile
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.
Recommended Stories
- Five stocks we like better than Mercedes-Benz Group
- Credo Technologies Accelerates AI—Its Stock Price Will Follow
- Qualcomm Goes All-In: The $10B Bet to Crush NVIDIA
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
Receive News & Ratings for Mercedes-Benz Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercedes-Benz Group and related companies with MarketBeat.com's FREE daily email newsletter.
