Mercedes-Benz Group (OTCMKTS:MBGAF) Sets New 1-Year Low – Time to Sell?

Mercedes-Benz Group AG (OTCMKTS:MBGAFGet Free Report) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $55.60 and last traded at $56.36, with a volume of 170808 shares trading hands. The stock had previously closed at $61.21.

Analysts Set New Price Targets

Separately, UBS Group upgraded Mercedes-Benz Group to a “strong-buy” rating in a report on Wednesday, September 4th.

Get Our Latest Research Report on MBGAF

Mercedes-Benz Group Stock Performance

The firm has a market capitalization of $60.29 billion, a price-to-earnings ratio of 4.11 and a beta of 1.26. The company’s fifty day moving average price is $63.08 and its 200 day moving average price is $67.87.

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.

See Also

Receive News & Ratings for Mercedes-Benz Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercedes-Benz Group and related companies with MarketBeat.com's FREE daily email newsletter.