Mercedes-Benz Group (OTCMKTS:MBGAF) Reaches New 12-Month Low – Here’s Why

Mercedes-Benz Group AG (OTCMKTS:MBGAFGet Free Report)’s stock price hit a new 52-week low on Thursday . The company traded as low as $54.18 and last traded at $54.18, with a volume of 21750 shares. The stock had previously closed at $55.47.

Mercedes-Benz Group Trading Up 0.3%

The firm has a market cap of $59.62 billion, a price-to-earnings ratio of 4.21 and a beta of 1.26. The firm has a 50-day moving average of $59.37 and a two-hundred day moving average of $64.83.

Mercedes-Benz Group Company Profile

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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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