Mercedes-Benz Group (OTCMKTS:MBGYY) Reaches New 12-Month Low - Time to Sell?

Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$13.36 and last traded at C$13.47, with a volume of 451125 shares trading hands. The stock had previously closed at C$13.57.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Barclays lowered shares of Mercedes-Benz Group from an "equal weight" rating to an "underweight" rating in a report on Monday, December 2nd. UBS Group cut Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, December 3rd.

Mercedes-Benz Group Price Performance

The stock's fifty day moving average price is C$14.12 and its 200-day moving average price is C$15.62. The firm has a market cap of C$57.88 billion, a PE ratio of 4.70 and a beta of 1.23. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.36 and a quick ratio of 0.98.

Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last released its quarterly earnings data on Friday, October 25th. The company reported C$0.50 EPS for the quarter. The company had revenue of C$37.95 billion during the quarter. Mercedes-Benz Group had a net margin of 7.36% and a return on equity of 11.66%. As a group, equities analysts expect that Mercedes-Benz Group AG will post 2.45 EPS for the current fiscal year.

Mercedes-Benz Group Company Profile

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.