Mercedes-Benz Group (OTCMKTS:MBGAF) Stock Price Up 0% - Still a Buy?

Key Points

• Mercedes-Benz Group AG shares remained unchanged at $61.92, with a trading volume significantly lower than the average.
• The company has a market cap of $66.24 billion and a low P/E ratio of 4.67, indicating potential investment appeal.
• Mercedes-Benz operates through multiple segments including Cars, Vans, and Mobility, catering to a global market with a diverse product line.

Shares of Mercedes-Benz Group AG (OTCMKTS:MBGAF - ) rose 0% on Wednesday . The company traded as high as $62.53 and last traded at $61.92. Approximately 9,201 shares traded hands during trading, a decline of 75% from the average daily volume of 36,384 shares. The stock had previously closed at $61.90.

Mercedes-Benz Group Price Performance

The business has a 50-day moving average of $60.77 and a two-hundred day moving average of $60.29. The company has a market cap of $66.24 billion, a P/E ratio of 4.67 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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