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Mercedes-Benz Group (OTCMKTS:MBGAF) Stock Price Passes Above 200-Day Moving Average - Here's What Happened

Mercedes-Benz Group logo with Consumer Cyclical background
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Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $60.08 and traded as high as $63.60. Mercedes-Benz Group shares last traded at $61.93, with a volume of 25,460 shares traded.

Mercedes-Benz Group Stock Down 2.1 %

The business has a 50 day moving average price of $62.38 and a 200-day moving average price of $60.01. The firm has a market cap of $63.03 billion, a price-to-earnings ratio of 4.45 and a beta of 1.26.

Mercedes-Benz Group Company Profile

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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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