Mercedes-Benz Group (OTCMKTS:MBGAF) Sets New 1-Year Low - Should You Sell?

Market Beat
2024.11.23 23:41
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Mercedes-Benz Group (OTCMKTS:MBGAF) shares hit a new 52-week low at $0.78, closing at $0.36 with a trading volume of 43,307 shares. UBS Group upgraded the stock to a "strong-buy" rating on September 4th. The company has a market cap of $16 billion, a P/E ratio of 3.97, and operates in automotive sectors including cars and vans. Despite the strong buy rating, analysts suggest there are better investment options available.