Mercedes-Benz Group (OTCMKTS:MBGYY) Sets New 12-Month Low – Should You Sell?

Shares of Mercedes-Benz Group AG (OTCMKTS:MBGYY) reached a new 52-week low during 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. The stock had previously closed at C$13.57.

Analysts Set New Price Targets

MBGYY has been the topic of several research reports. Barclays cut shares of Mercedes-Benz Group from an “equal weight” rating to an “underweight” rating in a research report on Monday, December 2nd. UBS Group downgraded Mercedes-Benz Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 3rd.

Mercedes-Benz Group Stock Down 0.3 %

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 stock has a 50-day moving average of C$14.16 and a two-hundred day moving average of C$15.65. The company has a market cap of C$57.88 billion, a P/E ratio of 4.70 and a beta of 1.23.

Mercedes-Benz Group (OTCMKTS:MBGYY) last announced its quarterly earnings data on Friday, October 25th. The company reported C$0.50 earnings per share (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%. On average, research analysts anticipate 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.