Mercedes-Benz Group (OTCMKTS:MBGAF) Sets New 1-Year High – Here’s What Happened

Mercedes-Benz Group AG (OTCMKTS:MBGAFGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $72.14 and last traded at $71.56, with a volume of 5409 shares. The stock had previously closed at $70.8650.

Mercedes-Benz Group Stock Up 1.1%

The business’s 50-day moving average is $65.62 and its 200-day moving average is $62.13. The company has a market capitalization of $76.63 billion, a price-to-earnings ratio of 5.41 and a beta of 1.26.

Mercedes-Benz Group Company Profile

(Get Free Report)

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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