Mercedes-Benz Group (OTCMKTS:MBGYY) Hits New 12-Month Low – Here’s What Happened

Mercedes-Benz Group AG (OTCMKTS:MBGYYGet Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$13.77 and last traded at C$13.79, with a volume of 137612 shares trading hands. The stock had previously closed at C$14.23.

Mercedes-Benz Group Stock Performance

The company has a debt-to-equity ratio of 0.66, a current ratio of 1.38 and a quick ratio of 1.06. The stock has a 50-day simple moving average of C$14.96 and a 200-day simple moving average of C$16.26. The stock has a market cap of C$52.92 billion, a P/E ratio of 9.22 and a beta of 0.78.

Mercedes-Benz Group (OTCMKTS:MBGYYGet Free Report) last released its earnings results on Wednesday, April 29th. The company reported C$0.44 earnings per share (EPS) for the quarter. Mercedes-Benz Group had a return on equity of 5.33% and a net margin of 3.74%.The firm had revenue of C$36.98 billion for the quarter. Research analysts forecast that Mercedes-Benz Group AG will post 1.48 earnings per share for the current year.

About Mercedes-Benz Group

(Get Free Report)

Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.

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