Mercedes-Benz Group (OTCMKTS:MBGYY) Reaches New 12-Month High - Should You Buy?

Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report)'s stock price hit a new 52-week high on Thursday . The company traded as high as C$17.99 and last traded at C$17.93, with a volume of 20527 shares changing hands. The stock had previously closed at C$17.80.Get Mercedes-Benz Group alerts:Analyst Ratings Changes3 must-own China stocks for the Year of the DragonSeveral research firms recently weighed in on MBGYY. The Goldman Sachs Group upgraded shares of Mercedes-Benz Group to a "strong-buy" rating in a research note on Monday, November 24th. Royal Bank Of Canada lowered Mercedes-Benz Group from a "moderate buy" rating to a "hold" rating in a report on Tuesday, September 23rd. Finally, DZ Bank raised Mercedes-Benz Group from a "hold" rating to a "strong-buy" rating in a report on Monday, November 3rd. Two research analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy".Read Our Latest Stock Analysis on Mercedes-Benz GroupMercedes-Benz Group Stock Up 0.6%The stock has a market cap of C$68.98 billion, a P/E ratio of 5.69 and a beta of 0.83. The firm has a 50 day simple moving average of C$16.37 and a two-hundred day simple moving average of C$15.49. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.93 and a current ratio of 1.27. Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The company reported C$0.36 earnings per share for the quarter. The business had revenue of C$37.58 billion for the quarter. Mercedes-Benz Group had a net margin of 4.51% and a return on equity of 6.59%. Equities research analysts predict that Mercedes-Benz Group AG will post 2.26 earnings per share for the current year. 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.Featured ArticlesFive stocks we like better than Mercedes-Benz GroupWhat Are Trending Stocks? Trending Stocks ExplainedBeyond the Magnificent 7: Meet 3 of Tech’s Rising StarsWhat is an Earnings Surprise? The Quantum Fleet: Investing in the New Quantum StandardWhat is the Nasdaq? Complete Overview with HistoryAST SpaceMobile Gears Up for Its BlueBird 6 Launch Next WeekThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Mercedes-Benz Group Right Now?Before you consider Mercedes-Benz Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mercedes-Benz Group wasn't on the list.While Mercedes-Benz Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here