Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as C$13.20 and last traded at C$13.20, with a volume of 1165601 shares trading hands. The stock had previously closed at C$14.06.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the stock. The Goldman Sachs Group downgraded shares of Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 14th. Barclays raised shares of Mercedes-Benz Group from a "strong sell" rating to a "hold" rating in a research note on Friday, March 21st. Berenberg Bank lowered Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Finally, Sanford C. Bernstein downgraded Mercedes-Benz Group from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 16th. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has a consensus rating of "Hold".
View Our Latest Stock Analysis on MBGYY
Mercedes-Benz Group Price Performance
The company has a market capitalization of C$52.69 billion, a price-to-earnings ratio of 4.96 and a beta of 1.09. The company has a current ratio of 1.36, a quick ratio of 0.98 and a debt-to-equity ratio of 0.80. The company's 50 day simple moving average is C$15.36 and its 200-day simple moving average is C$14.86.
Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported C$0.69 earnings per share (EPS) for the quarter. The business had revenue of C$41.02 billion for the quarter. Mercedes-Benz Group had a net margin of 6.99% and a return on equity of 10.90%. On average, equities research analysts predict that Mercedes-Benz Group AG will post 2.26 earnings per share for the current fiscal year.
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.
Further Reading
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