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

Aston Martin Lagonda Global Holdings plc (LON:AML)’s share price dropped 12% during trading on Thursday . The stock traded as low as GBX 84.50 ($1.07) and last traded at GBX 85.40 ($1.08). Approximately 22,908,055 shares were traded during mid-day trading, an increase of 469% from the average daily volume of 4,027,377 shares. The stock had previously closed at GBX 97 ($1.23).

Analyst Ratings Changes

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

Aston Martin Lagonda Global Trading Down 12.4 %

The stock has a market cap of £800.70 million, a price-to-earnings ratio of -1.71, a PEG ratio of 0.03 and a beta of 2.00. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38. The business has a 50-day moving average of GBX 107.83 and a 200-day moving average of GBX 119.68.

Aston Martin Lagonda Global (LON:AML) last posted its earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.44)) 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%. As a group, research analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

Insider Buying and Selling at Aston Martin Lagonda Global

In other Aston Martin Lagonda Global news, insider Michael de Picciotto acquired 1,714,340 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were acquired at an average cost of GBX 100 ($1.27) per share, for a total transaction of £1,714,340 ($2,174,178.82). Corporate insiders own 55.55% of the company’s stock.

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.