Aston Martin Lagonda Global (LON:AML) Trading Down 3.6% – Here’s What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML)’s share price was down 3.6% during mid-day trading on Thursday . The company traded as low as GBX 42.06 and last traded at GBX 43.98. Approximately 3,434,131 shares were traded during trading, a decline of 68% from the average daily volume of 10,573,210 shares. The stock had previously closed at GBX 45.60.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on AML shares. Jefferies Financial Group reissued a “hold” rating and set a GBX 50 price objective on shares of Aston Martin Lagonda Global in a research report on Wednesday, May 20th. Citigroup boosted their target price on shares of Aston Martin Lagonda Global from GBX 45 to GBX 55 and gave the company a “neutral” rating in a report on Friday, May 15th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 62.

Aston Martin Lagonda Global Trading Up 2.4%

The stock has a 50-day simple moving average of GBX 43.23 and a two-hundred day simple moving average of GBX 52.87. The company has a debt-to-equity ratio of 528.42, a quick ratio of 0.71 and a current ratio of 1.02. The firm has a market cap of £435.69 million, a PE ratio of -0.90, a price-to-earnings-growth ratio of 0.03 and a beta of 1.98.

Aston Martin Lagonda Global (LON:AML) last issued its earnings results on Wednesday, March 25th. The company reported GBX (50.20) earnings per share for the quarter. Aston Martin Lagonda Global had a negative return on equity of 89.66% and a negative net margin of 36.40%. As a group, sell-side analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS 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. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.