Mercedes-Benz Group (OTCMKTS:MBGAF) Shares Gap Down – Here’s What Happened

Mercedes-Benz Group AG (OTCMKTS:MBGAFGet Free Report)’s share price 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 traded.

Mercedes-Benz Group Price Performance

The firm has a market cap of $61.54 billion, a PE ratio of 4.34 and a beta of 1.26. The business has a fifty day moving average price of $60.78 and a two-hundred day moving average price of $66.00.

About Mercedes-Benz Group

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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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