Shares of Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 24,933 shares traded hands during trading, an increase of 8% from the previous session’s volume of 22,981 shares.The stock last traded at $51.61 and had previously closed at $52.3850.
Mercedes-Benz Group Stock Down 2.8%
The company’s 50-day moving average is $55.95 and its two-hundred day moving average is $62.67. The company has a market capitalization of $54.48 billion, a P/E ratio of 3.84 and a beta of 1.26.
About Mercedes-Benz Group
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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