Aston Martin Lagonda Global (LON:AML) Shares Down 10.1% – What’s Next?

Aston Martin Lagonda Global Holdings plc (LON:AML) fell 10.1% during mid-day trading on Tuesday . The stock traded as low as GBX 71.95 ($0.97) and last traded at GBX 73.10 ($0.99). Approximately 4,583,481 shares changed hands during mid-day trading, an increase of 39% from the average daily volume of 3,299,495 shares. The stock had previously closed at GBX 81.30 ($1.10).

Analyst Upgrades and Downgrades

Several brokerages recently commented on AML. JPMorgan Chase & Co. reduced their target price on Aston Martin Lagonda Global from GBX 90 to GBX 75 and set a “neutral” rating on the stock in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 95 price objective on shares of Aston Martin Lagonda Global in a research note on Thursday, July 31st. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 85.

Aston Martin Lagonda Global Price Performance

The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71. The business’s fifty day moving average price is GBX 75.88 and its 200-day moving average price is GBX 75.68. The stock has a market capitalization of £738.57 million, a price-to-earnings ratio of -249.93, a PEG ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML) last announced its quarterly earnings results on Wednesday, July 30th. The company reported GBX (14.60) 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%. On average, research analysts forecast 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.