Aston Martin Lagonda Global (LON:AML) Trading 13.9% Higher – Here’s Why

Aston Martin Lagonda Global Holdings plc (LON:AML) shares traded up 13.9% during mid-day trading on Friday . The company traded as high as GBX 80.20 ($1.07) and last traded at GBX 79.70 ($1.06). 6,610,287 shares were traded during trading, an increase of 28% from the average session volume of 5,152,288 shares. The stock had previously closed at GBX 70 ($0.93).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 160 ($2.13) price target on shares of Aston Martin Lagonda Global in a report on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Up 0.8 %

The company has a debt-to-equity ratio of 179.38, a quick ratio of 0.71 and a current ratio of 0.88. The company has a market capitalization of £756.43 million, a price-to-earnings ratio of -1.61, a PEG ratio of 0.03 and a beta of 2.00. The business’s 50 day moving average is GBX 70.86 and its 200 day moving average is GBX 94.96.

Aston Martin Lagonda Global (LON:AML) last released its quarterly earnings data on Wednesday, April 30th. The company reported GBX 44.90 ($0.60) earnings per share for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. Sell-side analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

Insider Activity

In other news, insider Nigel Boardman purchased 43,639 shares of the stock in a transaction dated Tuesday, May 6th. The shares were purchased at an average price of GBX 68 ($0.90) per share, with a total value of £29,674.52 ($39,476.55). Company insiders own 55.55% of the company’s stock.

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.