Mercedes-Benz Group (OTCMKTS:MBGAF) Trading 0.8% Higher - Here's What Happened

Key Points

• Mercedes-Benz Group AG shares increased by 0.8% during mid-day trading, reaching a last trading price of $61.67.
• The company's market capitalization stands at $65.98 billion, with a P/E ratio of 4.65 and a beta of 1.26.
• During trading, the volume of shares traded was 15,361, significantly lower than the average session volume of 37,859 shares.

Mercedes-Benz Group AG (OTCMKTS:MBGAF - ) shares traded up 0.8% during mid-day trading on Wednesday . The company traded as high as $61.80 and last traded at $61.67. 15,361 shares traded hands during trading, a decline of 59% from the average session volume of 37,859 shares. The stock had previously closed at $61.16.

Mercedes-Benz Group Stock Performance

The stock has a market cap of $65.98 billion, a P/E ratio of 4.65 and a beta of 1.26. The stock has a 50-day moving average price of $59.33 and a 200-day moving average price of $60.07.

Mercedes-Benz Group Company Profile

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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