Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $58.3180, but opened at $55.5601. Mercedes-Benz Group shares last traded at $57.59, with a volume of 3,833 shares changing hands.
Mercedes-Benz Group Stock Performance
The stock has a market cap of $61.54 billion, a price-to-earnings ratio of 4.34 and a beta of 1.26. The company’s 50 day simple moving average is $60.78 and its 200 day simple moving average is $66.00.
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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