Mercedes-Benz Group (OTCMKTS:MBGAF) Sees Strong Trading Volume – Here’s Why

Shares of Mercedes-Benz Group AG (OTCMKTS:MBGAFGet Free Report) saw unusually-high trading volume on Thursday . Approximately 60,444 shares were traded during trading, an increase of 90% from the previous session’s volume of 31,886 shares.The stock last traded at $65.29 and had previously closed at $65.9040.

Mercedes-Benz Group Stock Performance

The business has a 50 day simple moving average of $63.50 and a 200-day simple moving average of $61.21. The stock has a market capitalization of $69.69 billion, a P/E ratio of 4.92 and a beta of 1.26.

About Mercedes-Benz Group

(Get Free Report)

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.

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