Mercedes-Benz Group (OTCMKTS:MBGYY) Reaches New 52-Week Low – Time to Sell?

Mercedes-Benz Group AG (OTCMKTS:MBGYY)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as C$13.52 and last traded at C$13.57, with a volume of 217049 shares changing hands. The stock had previously closed at C$13.64.

Mercedes-Benz Group Stock Down 1.0%

The company has a debt-to-equity ratio of 0.66, a current ratio of 1.38 and a quick ratio of 1.06. The company has a market capitalization of C$52.00 billion, a price-to-earnings ratio of 9.06 and a beta of 0.78. The firm has a 50-day moving average price of C$14.76 and a two-hundred day moving average price of C$16.11.

Mercedes-Benz Group (OTCMKTS:MBGYY) last announced its earnings results on Wednesday, April 29th. The company reported C$0.44 earnings per share (EPS) for the quarter. Mercedes-Benz Group had a return on equity of 5.33% and a net margin of 3.74%.The business had revenue of C$36.98 billion for the quarter. As a group, sell-side analysts anticipate that Mercedes-Benz Group AG will post 1.46 earnings per share for the current fiscal year.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.