Aston Martin Lagonda Global (LON:AML) Shares Down 10% – Should You Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s share price fell 10% during trading on Tuesday. The company traded as low as GBX 36.80 and last traded at GBX 37.22. Approximately 5,864,552 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 7,465,578 shares. The stock had previously closed at GBX 41.34.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Jefferies Financial Group reissued a “hold” rating and set a GBX 41 price target on shares of Aston Martin Lagonda Global in a report on Thursday, July 30th. Citigroup reduced their price target on Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a “neutral” rating for the company in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective 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 analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 44.75.

Aston Martin Lagonda Global Price Performance

The company has a quick ratio of 0.71, a current ratio of 0.93 and a debt-to-equity ratio of 893.66. The firm has a market cap of £377.75 million, a PE ratio of -0.75, a P/E/G ratio of 0.03 and a beta of 1.94. The firm’s fifty day simple moving average is GBX 34.52 and its two-hundred day simple moving average is GBX 38.70.

Aston Martin Lagonda Global (LON:AML) last posted 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 return on equity of 166.57% and a negative net margin of 36.66%. As a group, research analysts expect that Aston Martin Lagonda Global Holdings plc will post 3.08 EPS for the current year.

Aston Martin Lagonda Global Company Profile

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.