Mercedes-Benz Group shares: Things are falling again – stock market gauge beats Mercedes-Benz Group

Date: 07.09.2023 | Reading time: 2 minutes

AAn hour and a half before the end of trading in Frankfurt, the value of the Stuttgart car maker was EUR 65.81, while the closing price on the last trading day was EUR 66.24. 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.

Ranked 29th with a minus of 0.65%, the Mercedes-Benz Group is currently in the third lowest position on the Dax, which is up by 0.04% overall.

An hour and a half before the end of trading, the stock has a trading volume of 1,056,993 traded shares. A total of 1,868,524 securities were traded during the previous trading day.

Shares of the company are down 13.52 percent from their 52-week high of $76.10. The 52-week low was EUR 46.90.

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All of Mercedes-Benz Group’s freely traded shares are currently worth 70.65 billion euros. This means that the free float market capitalization of the Stuttgart car maker is considered with a weight of 4.06% in the creation of the index. By comparison: Linde currently has the highest stock market value in the Dax with a market capitalization of 175.65 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: Thursday, September 7, 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.