Mercedes-Benz Group (OTCMKTS:MBGYY) Hits New 12-Month Low – Should You Sell?

Mercedes-Benz Group AG (OTCMKTS:MBGYYGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$12.57 and last traded at C$12.63, with a volume of 44694 shares changing hands. The stock had previously closed at C$12.79.

Mercedes-Benz Group Price Performance

The company has a 50 day moving average price of C$14.36 and a 200 day moving average price of C$15.90. The firm has a market cap of C$48.49 billion, a PE ratio of 8.45 and a beta of 0.78. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.66.

Mercedes-Benz Group (OTCMKTS:MBGYYGet Free Report) last posted its earnings results on Wednesday, April 29th. The company reported C$0.44 earnings per share for the quarter. The company had revenue of C$36.98 billion for the quarter. Mercedes-Benz Group had a return on equity of 5.33% and a net margin of 3.74%. On average, sell-side analysts expect that Mercedes-Benz Group AG will post 1.46 EPS for the current year.

Mercedes-Benz Group Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Mercedes-Benz Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercedes-Benz Group and related companies with MarketBeat.com's FREE daily email newsletter.