Aston Martin Lagonda Global (LON:AML) Stock Price Up 14.3% – Here’s Why

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) shot up 14.3% during trading on Thursday . The stock traded as high as GBX 87.45 ($1.13) and last traded at GBX 86 ($1.11). 4,065,358 shares traded hands during mid-day trading, an increase of 0% from the average session volume of 4,049,434 shares. The stock had previously closed at GBX 75.25 ($0.97).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 160 ($2.06) target price on shares of Aston Martin Lagonda Global in a research report on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Down 0.8 %

The firm has a market capitalization of £804.00 million, a PE ratio of -1.71, a P/E/G ratio of 0.03 and a beta of 2.00. The stock has a 50-day simple moving average of GBX 105.73 and a 200-day simple moving average of GBX 117.86. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML) last announced its quarterly earnings data 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 net margin of 21.42% and a negative return on equity of 48.19%. Analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current year.

Aston Martin Lagonda Global Company Profile

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.