Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Down 4.2% – Time to Sell?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) shares dropped 4.2% on Tuesday. The stock traded as low as $0.4160 and last traded at $0.4406. 8,117 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 22,797 shares. The stock had previously closed at $0.46.

Analysts Set New Price Targets

ARGGY has been the topic of several analyst reports. Citigroup reiterated a “neutral” rating on shares of Aston Martin Lagonda Global in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a report on Thursday, July 30th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Aston Martin Lagonda Global Trading Down 1.7%

The stock has a fifty day simple moving average of $0.45 and a 200 day simple moving average of $0.51.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global Holdings plc is a British luxury automotive company that designs, engineers, manufactures and sells high-performance sports cars, grand touring vehicles and sport utility vehicles. Its products are marketed under the Aston Martin marque, which is known for combining performance, craftsmanship and distinctive design.

The company’s vehicle portfolio includes models such as the Vantage, DB12, Vanquish, DBS, and DBX, along with limited-edition and special-series vehicles.