Aston Martin Lagonda Global (OTCMKTS:ARGGY) Sets New 12-Month High – Here’s Why

Shares of Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $162.74 and last traded at $162.74, with a volume of 258 shares trading hands. The stock had previously closed at $0.8481.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ARGGY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Aston Martin Lagonda Global in a report on Wednesday, October 1st. The Goldman Sachs Group assumed coverage on Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They set a “hold” rating for the company. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Down 0.6%

The firm has a fifty day simple moving average of $0.81 and a 200 day simple moving average of $0.92.

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.