Aston Martin Lagonda Global (LON:AML) Trading 8.9% Higher – Here’s What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML)’s share price rose 8.9% during trading on Wednesday . The company traded as high as GBX 82.60 ($1.06) and last traded at GBX 81.95 ($1.05). Approximately 61,541,258 shares changed hands during mid-day trading, an increase of 1,055% from the average daily volume of 5,326,676 shares. The stock had previously closed at GBX 75.25 ($0.96).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 160 ($2.05) price target on shares of Aston Martin Lagonda Global in a research report on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Up 11.3 %

The company has a market cap of £788.75 million, a P/E ratio of -1.68, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. 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 stock has a fifty day moving average price of GBX 106.10 and a two-hundred day moving average price of GBX 118.20.

Aston Martin Lagonda Global (LON:AML) last released its quarterly earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) EPS 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 expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 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.