Mercedes-Benz Group (OTCMKTS:MBGYY) Downgraded by Barclays to “Underweight”

Barclays downgraded shares of Mercedes-Benz Group (OTCMKTS:MBGYY) from an equal weight rating to an underweight rating in a report released on Monday morning, Marketbeat Ratings reports.

Mercedes-Benz Group Price Performance

Shares of MBGYY stock opened at C$13.72 on Monday. The firm has a market capitalization of C$58.71 billion, a price-to-earnings ratio of 4.76 and a beta of 1.26. The company has a current ratio of 1.36, a quick ratio of 0.98 and a debt-to-equity ratio of 0.80. The firm’s 50 day moving average is C$14.91 and its 200-day moving average is C$16.22. Mercedes-Benz Group has a 1 year low of C$13.38 and a 1 year high of C$20.81.

Mercedes-Benz Group (OTCMKTS:MBGYY) last announced its quarterly earnings results on Friday, October 25th. The company reported C$0.50 earnings per share (EPS) for the quarter. The company had revenue of C$37.95 billion during the quarter. Mercedes-Benz Group had a return on equity of 11.66% and a net margin of 7.36%. Sell-side analysts forecast that Mercedes-Benz Group will post 2.55 EPS for the current fiscal year.

Mercedes-Benz Group Company Profile

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.