Aston Martin Lagonda Global (LON:AML) Share Price Passes Below 200-Day Moving Average – Here’s What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 47.99 and traded as low as GBX 36. Aston Martin Lagonda Global shares last traded at GBX 36.92, with a volume of 1,129,943 shares trading hands.

Analyst Upgrades and Downgrades

AML has been the subject of a number of recent analyst reports. Citigroup upped their target price on Aston Martin Lagonda Global from GBX 45 to GBX 55 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Jefferies Financial Group restated a “hold” rating and set a GBX 50 price target on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 20th. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Aston Martin Lagonda Global has a consensus rating of “Hold” and an average price target of GBX 62.

Aston Martin Lagonda Global Trading Up 1.6%

The stock has a market capitalization of £373.88 million, a P/E ratio of -0.77, a PEG ratio of 0.03 and a beta of 1.98. The company has a fifty day simple moving average of GBX 42.18 and a two-hundred day simple moving average of GBX 47.99.

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. 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.