Aston Martin Lagonda Global (LON:AML) Stock Price Breaks Above 200-Day Moving Average – Here’s What Happened

by · The Markets Daily

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 38.70 and traded as high as GBX 40. Aston Martin Lagonda Global shares last traded at GBX 37.74, with a volume of 1,218,499 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Jefferies Financial Group reiterated a “hold” rating and set a GBX 41 price objective on shares of Aston Martin Lagonda Global in a research note on Thursday, July 30th. Citigroup cut their target price on Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a “hold” rating on the stock in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Aston Martin Lagonda Global currently has an average rating of “Hold” and a consensus target price of GBX 44.75.

Get Our Latest Research Report on AML

Aston Martin Lagonda Global Trading Down 7.2%

The firm’s 50 day moving average price is GBX 34.86 and its 200-day moving average price is GBX 38.67. The company has a debt-to-equity ratio of 893.66, a current ratio of 0.93 and a quick ratio of 0.71. The stock has a market cap of £357.86 million, a P/E ratio of -0.71, a P/E/G ratio of 0.03 and a beta of 1.94.

Aston Martin Lagonda Global (LON:AML – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported GBX (15.20) earnings per share for the quarter. Aston Martin Lagonda Global had a negative net margin of 36.66% and a negative return on equity of 166.57%. As a group, equities research analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.08 earnings per share for the current year.

About Aston Martin Lagonda Global

(Get Free Report)

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.

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