Shares of Mercedes-Benz Group (formerly Daimler) rose in Xetra trading. At 4:28 am the price of the paper increased by 0.9 percent to EUR 62.93. This makes the sector one of the brightest prospects in the DAX 40, which is currently trending at 16,747 points. Shares of Mercedes-Benz Group (formerly Daimler) have now extended their price gains to a daily high of EUR 62.98. The paper started the trading day at EUR 62.44. During trading so far, 1,576,186 shares of Mercedes-Benz Group (formerly Daimler) have been offered for purchase or sale through Xetra.
The stock reached a 52-week high on June 16, 2023 at EUR 76.10. With an increase of 20.93 percent, the 52-week high price from the current price level would be reached again. The title reached a 52-week low of EUR 55.08 on October 31, 2023. The current share price of Mercedes-Benz Group (ex Daimler) is 14.25 percent above the 52-week low price.
Mercedes-Benz Group (formerly Daimler) presented its latest quarterly business results on October 26, 2023. Earnings per share for the last quarter were estimated at EUR 3.44, while EUR 3.66 per share was on the books in the same quarter last year. Compared to the same period last year, Mercedes-Benz Group (formerly Daimler) recorded a decline in sales of -1.37 percent in the last quarter. Sales were EUR 37,200.00 compared to EUR 37,716.00 in the same quarter last year.
The next balance sheet presentation is expected to take place on February 15, 2024.
In advance, experts estimate that Mercedes-Benz Group (formerly Daimler) should have a profit of EUR 12.91 per share in its 2023 balance sheet.
Finanzen.ch editorial team
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