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Mercedes-Benz Group (OTCMKTS:MBGAF) Stock Crosses Below Fifty Day Moving Average - What's Next?

Mercedes-Benz Group logo with Consumer Cyclical background

Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $61.13 and traded as low as $56.66. Mercedes-Benz Group shares last traded at $57.26, with a volume of 17,155 shares changing hands.

Mercedes-Benz Group Trading Up 1.0 %

The business has a 50-day moving average of $61.09 and a two-hundred day moving average of $59.20. The firm has a market cap of $61.26 billion, a P/E ratio of 4.32 and a beta of 1.26.

About Mercedes-Benz Group

(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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