Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report) saw an uptick in trading volume on Tuesday . 62,838 shares traded hands during mid-day trading, an increase of 173% from the previous session’s volume of 23,025 shares.The stock last traded at $50.1250 and had previously closed at $49.70.
Mercedes-Benz Group Stock Performance
The company has a market cap of $54.96 billion, a price-to-earnings ratio of 3.88 and a beta of 1.26. The firm’s 50 day simple moving average is $56.54 and its 200-day simple moving average is $63.22.
About Mercedes-Benz Group
Mercedes-Benz Group AG (OTCMKTS: MBGAF) is a German multinational automotive manufacturer principally known for the Mercedes‑Benz brand of luxury passenger cars and vans. The company designs, produces and sells a broad spectrum of vehicles that includes compact cars, sedans, sport utilities, coupes, convertibles and light commercial vans, and it provides related aftermarket services and parts. In addition to vehicle manufacturing, the group delivers financing, leasing, insurance and mobility services through its financial-services arm.
Mercedes‑Benz Group markets a portfolio of distinct marques and technology offerings, including Mercedes‑Benz passenger vehicles, Mercedes‑AMG high-performance models, Mercedes‑Maybach luxury variants and the all‑electric EQ family.
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