Mercedes-Benz Group AG (#MBG) Stock Price, Live Chart & Analysis | Trade #MBG
Mercedes-Benz Group AG (former Daimler AG) is a German automotive corporation based in Stuttgart, Germany. It is one of the leading suppliers of cars and trucks in the world. It was formed in 1926 as a result of the merger of Benz & Cie. and Daimler Motoren Gesellschaft. It was afterwards renamed Daimler AG. The company's brand portfolio includes, in addition to the luxury car brands Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, such commercial vehicle brands as Mercedes-Benz Trucks, Setra, Freightliner, Thomas Built Buses, Western Star, FUSO and BharatBenz.
Mercedes-Benz Group AG has various production, sales, distribution and other facilities all around the world, namely in Europe, North and South Americas, Asia, Pacific, Australia and Africa. In addition to the production of vehicles, Daimler Financial Services offers various financial services, including leasing, fleet management, insurance and vehicle financing.
In recent years, Mercedes-Benz divisions aspire to become CO₂-neutral by 2039. This approach, called Ambition 2039, applies not only to their cars but to all stages of the production chain — from the extraction of raw materials to producing cars and even recycling. By 2039 all the new Mercedes-Benz vehicles should be electric-only, according to the strategy. Mercedes-Benz Group AG heavily invests in sustainable sources of energy, climate protection and air pollution control, moving in one direction with the latest EU legislation on carbon emissions and the European Climate Law that sets a legally binding target of zero greenhouse gas emissions by 2050.
It would be necessary for traders and investors alike to follow the latest news regarding the company, its financial statements and reports, as well as its progress in the implementation of "green" technologies and the use of sustainable sources of energy. This way, they will form a competent opinion on whether #MBG is a good investment or option for trading.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
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SellBuyActive SellActive Buy
| Sell | 62.26 |
| Buy | 62.28 |
| 1-day change | 2.62(4.39%) |
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#MBG (#MBG) shares’ cost is $62.28 for today. The highest rate of shares #MBG (#MBG) for today is $62.6400, the lowest price is $62.2100. The opening price was $62.46.
A real-time chart for #MBG (#MBG) shares quote is provided below.
Price chart of #MBG in real time mode
Available in trading accounts:
- ECN
- CLASSIC
Prev. Close62.34
Day's Range62.2100 - 62.6400
Opening62.46
52 wk Range55.08-77.45
Volume5,031,257
Shares Outstanding960,560,306
Average Volume2,979,819
Market Cap59.88B
1-Year Return-5.34%
EPS12.24
Beta1.19
Revenue150.08B
P/E Ratio5.09
Dividends5.30(8.50%)
Next Earnings Date2024-10-25
Spread0
Swap Long-6
Contract size1
Swap Short2.5
Stop&Limit Level0
Interesting facts about the #MBG (Mercedes-Benz Group AG)
Mercedes-Benz Group AG became Mercedes-Benz Group AG on February 1, 2022.
The rebranding didn't affect the shareholders of Mercedes-Benz Group AG's shares. The only change was the renaming of the company's stock exchange ticker symbol from DAI to MBG. The share of Mercedes-Benz is listed on the Frankfurt and Stuttgart stock exchanges.
Mercedes-Benz Group Truck Holding AG became an independent company as part of the realignment on December 10, 2021. It's also traded on the Frankfurt Stock Exchange. Such events are crucial for the stock price as investors are unsure about the company's future even though it's Mercedes. However, it can be said that the renamed company has potential as it will fully concentrate on vans and passenger car brands, including Mercedes-Benz, Mercedes-Maybach, Mercedes-AMG and Mercedes-EQ. It's believed that the Group will strengthen its economic potential and concentrate on its competitive advantages, focusing on luxury cars.
The shares of the Mercedes-Benz Group AG are included in numerous stock market indices, including DAX, Euro Stoxx 50, HDAX and DAX Price. It's an important factor that signals the corporation's reliability.
Although Mercedes is the world's leading brand, it has competitors and alternatives whose developments may affect the MBG's value. They are BMW Group, Audi, Honda, Volkswagen and Toyota. You should know their production and revenue growth and compare it to Mercedes's metrics.
Mercedes is involved in lawsuits and scandals, which is to be expected for such a huge corporation. Mostly the court cases are related to employment, environment, competition and safety.
The most popular issues were bribery allegations in 2010 and environmental pollution in 2021. In April 2010, the US Department of Justice accused Mercedes-Benz Group AG of bribing officials from 22 countries to obtain contracts to supply its product. The corporation admitted that accusation was true. In July 2021, a cartel involving several automakers agreed to use special software to underestimate emissions during testing. Mercedes-Benz Group avoided a multi-million dollar fine only because it was the first to report the cooperation to European authorities.
When trading the company's shares, you should check whether there is an ongoing scandal that can negatively affect the stock value.
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