Mercedes-Benz Group (OTCMKTS:MBGAF) Reaches New 1-Year Low – Here’s Why

Mercedes-Benz Group AG (OTCMKTS:MBGAFGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $52.96 and last traded at $53.38, with a volume of 121641 shares trading hands. The stock had previously closed at $56.71.

Mercedes-Benz Group Stock Performance

The firm has a market cap of $57.11 billion, a P/E ratio of 4.03 and a beta of 1.26. The firm’s fifty day simple moving average is $62.23 and its 200 day simple moving average is $59.86.

Mercedes-Benz Group Company Profile

(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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