Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report) saw a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 15,300 shares, a decrease of 48.8% from the May 15th total of 29,900 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 485,500 shares, the short-interest ratio is currently 0.0 days.
Mercedes-Benz Group Price Performance
Shares of Mercedes-Benz Group stock traded down C$0.13 during midday trading on Wednesday, reaching C$13.98. The company had a trading volume of 377,439 shares, compared to its average volume of 381,191. The company has a current ratio of 1.36, a quick ratio of 0.98 and a debt-to-equity ratio of 0.80. The stock has a fifty day simple moving average of C$14.68 and a 200 day simple moving average of C$14.76. Mercedes-Benz Group has a 1-year low of C$12.55 and a 1-year high of C$17.82. The company has a market capitalization of C$53.85 billion, a price-to-earnings ratio of 3.67 and a beta of 1.05.
Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported C$1.83 EPS for the quarter. The company had revenue of C$34.95 billion during the quarter. Mercedes-Benz Group had a return on equity of 9.65% and a net margin of 6.22%. As a group, equities research analysts forecast that Mercedes-Benz Group will post 2.26 earnings per share for the current year.
Mercedes-Benz Group Cuts Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 12th were issued a dividend of $0.8297 per share. The ex-dividend date was Friday, May 9th. This represents a yield of 5.54%. Mercedes-Benz Group's dividend payout ratio is currently 21.26%.
Analyst Ratings Changes
Separately, Barclays raised Mercedes-Benz Group from a "strong sell" rating to a "hold" rating in a report on Friday, March 21st. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, Mercedes-Benz Group presently has a consensus rating of "Hold".
Read Our Latest Research Report on MBGYY
Mercedes-Benz Group Company Profile
(
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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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