Mercedes-Benz Group (OTCMKTS:MBGAF) Shares Gap Up - Should You Buy?

Key Points

• Mercedes-Benz Group AG's stock gapped up from $60.67 to $63.10 before the market opened on Tuesday, ultimately trading at $60.75 with a volume of 2,200 shares.
• The company has a market capitalization of $64.79 billion and a price-to-earnings ratio of 4.57, indicating its current stock valuation relative to earnings.
• Mercedes-Benz operates in the automotive sector globally, featuring segments such as Mercedes-Benz Cars, Vans, and Mobility, and offers brands including Mercedes-AMG and G-Class.

Mercedes-Benz Group AG (OTCMKTS:MBGAF - )'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $60.67, but opened at $63.10. Mercedes-Benz Group shares last traded at $60.75, with a volume of 2,200 shares traded.

Mercedes-Benz Group Stock Performance

The stock has a market capitalization of $64.79 billion, a price-to-earnings ratio of 4.57 and a beta of 1.26. The company has a 50-day moving average of $61.18 and a 200-day moving average of $60.15.

About Mercedes-Benz Group

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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