Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report) shares saw an uptick in trading volume on Wednesday . 24,933 shares changed hands during trading, an increase of 8% from the previous session’s volume of 22,981 shares.The stock last traded at $51.61 and had previously closed at $52.3850.
Mercedes-Benz Group Trading Down 1.3%
The company has a market capitalization of $53.78 billion, a P/E ratio of 3.79 and a beta of 1.26. The business has a 50 day moving average price of $55.66 and a 200 day moving average price of $62.40.
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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