Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report) traded up 3% during trading on Friday . The stock traded as high as C$16.24 and last traded at C$16.02. 211,799 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 411,867 shares. The stock had previously closed at C$15.55.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on MBGYY shares. Berenberg Bank cut shares of Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. The Goldman Sachs Group cut shares of Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Sanford C. Bernstein lowered Mercedes-Benz Group from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 16th. Barclays cut Mercedes-Benz Group from an "equal weight" rating to an "underweight" rating in a research note on Monday, December 2nd. Finally, UBS Group lowered Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 3rd. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold".
View Our Latest Analysis on Mercedes-Benz Group
Mercedes-Benz Group Stock Performance
The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.98 and a current ratio of 1.36. The firm has a market capitalization of C$61.70 billion, a price-to-earnings ratio of 5.57 and a beta of 1.22. The stock's fifty day moving average is C$14.44 and its two-hundred day moving average is C$15.06.
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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