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

Mercedes-Benz Group AG (OTCMKTS:MBGYY) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$13.52 and last traded at C$13.57, with a volume of 217049 shares traded. The stock had previously closed at C$13.64.

Mercedes-Benz Group Trading Down 1.0%

The business’s 50-day moving average price is C$14.76 and its 200 day moving average price is C$16.11. The company has a market cap of C$52.00 billion, a P/E ratio of 9.06 and a beta of 0.78. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.06 and a current ratio of 1.38.

Mercedes-Benz Group (OTCMKTS:MBGYY) last released its quarterly earnings data 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 net margin of 3.74% and a return on equity of 5.33%. As a group, analysts expect that Mercedes-Benz Group AG will post 1.46 earnings per share for the current 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.