Aston Martin Lagonda Global (LON:AML) Stock Price Down 12% – What’s Next?

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) traded down 12% during mid-day trading on Thursday . The company traded as low as GBX 93.50 ($1.19) and last traded at GBX 97 ($1.23). 18,402,646 shares were traded during trading, an increase of 418% from the average session volume of 3,555,313 shares. The stock had previously closed at GBX 110.20 ($1.40).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 160 ($2.03) target price on shares of Aston Martin Lagonda Global in a research report on Wednesday, February 19th.

Aston Martin Lagonda Global Trading Down 10.1 %

The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38. The firm’s 50-day moving average is GBX 107.83 and its 200-day moving average is GBX 119.68. The firm has a market cap of £821.42 million, a price-to-earnings ratio of -1.75, a P/E/G ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML) last issued its quarterly earnings data on Wednesday, February 26th. The company reported GBX (34.80) (($0.44)) 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, sell-side analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Michael de Picciotto purchased 1,714,340 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were bought at an average cost of GBX 100 ($1.27) per share, with a total value of £1,714,340 ($2,174,178.82). 55.55% of the stock is owned by corporate insiders.

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.