Mercedes-Benz Group (OTCMKTS:MBGAF) Stock Price Down 0.2% - Here's Why

Key Points

• The Mercedes-Benz Group AG stock fell by 0.2% during Wednesday's trading, closing at $60.69, down from a previous close of $60.79.
• Trading volume decreased by 41% to 19,557 shares, compared to an average session volume of 33,230 shares.
• The company's market cap stands at $64.93 billion, with a price-to-earnings ratio of 4.58.

Mercedes-Benz Group AG (OTCMKTS:MBGAF - ) fell 0.2% during trading on Wednesday . The company traded as low as $60.43 and last traded at $60.69. 19,557 shares were traded during trading, a decline of 41% from the average session volume of 33,230 shares. The stock had previously closed at $60.79.

Mercedes-Benz Group Price Performance

The business's 50-day moving average price is $61.87 and its two-hundred day moving average price is $59.84. The firm has a market cap of $64.93 billion, a price-to-earnings ratio of 4.58 and a beta of 1.26.

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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