Mercedes-Benz Group: Course falls – Dax and Mercedes-Benz Group on the same line

Until: 6:00 pm | Reading time: 2 minutes

AAn hour and a half before the close of business in Frankfurt, the value of the Stuttgart car maker was EUR 66.51, while the closing price on the last trading day was EUR 66.91. After the gains of the past few days, the Mercedes-Benz Group has turned negative and it remains to be seen if the losses will continue.

With a position of 26 and a movement of less than 0.60%, the Mercedes-Benz Group is currently in the middle third of the Dax, which moves down a total of 0.14%.

An hour and a half before the end of trading, the stock has a trading volume of 708,877 traded shares. A total of 1,915,375 securities were traded during the previous trading day.

Shares of the company are currently down 12.60 percent below its 52-week high of $76.10. The 52-week low was EUR 46.90.

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Not only because of the number of 167,727 employees (until 2021), the Mercedes-Benz Group is in 8th place in the most important index of the German stock market. Due to the Stuttgart car manufacturer’s stock market value of 71.44 billion euros, the company has a weight of 4.09% when calculating the Dax. By comparison: Linde currently has the highest value on the stock market in the Dax with a market capitalization of 176.29 billion euros. In the fiscal year ended for Mercedes-Benz Group AG in December 2021, sales of 133.89 billion euros and profits of 16.03 billion euros were recorded.

Data: Historical EOD Data / Status: Wednesday, September 06, 2023, 16:03

This article was automatically generated. For this purpose, data from Historical EOD Data is analyzed by digitaldaily and evaluated in the stock market report. Course dates may be delayed.