Previous Close | 22.54 |
Open | 23.10 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 23.00 - 23.32 |
52 Week Range | 7.05 - 23.32 |
Volume | 133,370 |
Avg. Volume | 94,996 |
Market Cap | 99.87B |
Beta (5Y Monthly) | 1.66 |
PE Ratio (TTM) | 22.94 |
EPS (TTM) | 1.02 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.40 (1.78%) |
Ex-Dividend Date | Apr 05, 2021 |
1y Target Est | N/A |
German automaker Daimler (OTC: DMLR.Y) is taking its case to the public this week for its upcoming Mercedes brand electric vehicles (EVs). The company highlighted its EQS luxury sedan, and said it will unveil its all-electric compact EQB SUV this weekend at the Mercedes-EQ night in Shanghai. Both vehicles will directly take on Tesla (NASDAQ: TSLA) on the global stage.
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Soaring Chinese demand for luxury Mercedes-Benz cars and higher prices drove a better-than-expected profit for Daimler in the first quarter, helping it navigate the coronavirus crisis. Mercedes-Benz sales in China hit 220,520 vehicles in the quarter, a rise of 60%, and outmatched the German carmaker's performance in Europe where they were up 1.8% to 192,302. "Favourable sales momentum at Mercedes-Benz Cars driven by all major regions, especially China, strongly supported the product mix and pricing in the first quarter," Daimler AG said in a statement on Friday.