Aston Martin Lagonda Global (LON:AML) Trading 12.8% Higher – Here’s Why

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price rose 12.8% on Wednesday . The stock traded as high as GBX 85.90 ($1.10) and last traded at GBX 84.90 ($1.09). Approximately 62,622,824 shares were traded during mid-day trading, an increase of 1,070% from the average daily volume of 5,350,711 shares. The stock had previously closed at GBX 75.25 ($0.96).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 160 ($2.05) target price on shares of Aston Martin Lagonda Global in a report on Wednesday, February 19th.

Aston Martin Lagonda Global Price Performance

The stock has a market cap of £815.70 million, a P/E ratio of -1.74, a P/E/G ratio of 0.03 and a beta of 2.00. The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71. The company’s 50 day simple moving average is GBX 106.10 and its 200 day simple moving average is GBX 118.20.

Aston Martin Lagonda Global (LON:AML) last posted its earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative return on equity of 48.19% and a negative net margin of 21.42%. As a group, equities analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

About Aston Martin Lagonda Global

Aston Martin’s vision is to be the world’s most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars.

Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity.