Aston Martin Lagonda Global (LON:AML) Shares Up 12.8% – Here’s What Happened

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) shot up 12.8% during mid-day trading on Wednesday . The company traded as high as GBX 85.90 ($1.11) and last traded at GBX 84.90 ($1.09). 62,622,824 shares changed hands during mid-day trading, an increase of 1,070% from the average session volume of 5,350,711 shares. The stock had previously closed at GBX 75.25 ($0.97).

Analyst Ratings Changes

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

Aston Martin Lagonda Global Trading Down 5.3 %

The company has a market cap of £770.71 million, a PE ratio of -1.64, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The business has a 50 day simple moving average of GBX 105.36 and a two-hundred day simple moving average of GBX 117.50. The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38.

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