Aston Martin Lagonda Global (LON:AML) Shares Down 3.6% – Here’s What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price was down 3.6% on Thursday . The stock traded as low as GBX 42.06 and last traded at GBX 43.98. Approximately 3,434,131 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 10,573,210 shares. The stock had previously closed at GBX 45.60.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on AML shares. Jefferies Financial Group reissued a “hold” rating and issued a GBX 50 target price on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 20th. Citigroup raised their target price on shares of Aston Martin Lagonda Global from GBX 45 to GBX 55 and gave the company a “neutral” rating in a research note on Friday, May 15th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Aston Martin Lagonda Global currently has an average rating of “Hold” and an average price target of GBX 62.

Aston Martin Lagonda Global Stock Down 3.4%

The company has a quick ratio of 0.71, a current ratio of 1.02 and a debt-to-equity ratio of 528.42. The company has a market cap of £416.16 million, a price-to-earnings ratio of -0.86, a P/E/G ratio of 0.03 and a beta of 1.98. The stock has a fifty day moving average price of GBX 43.41 and a two-hundred day moving average price of GBX 52.67.

Aston Martin Lagonda Global (LON:AML) last posted its earnings results on Wednesday, March 25th. The company reported GBX (50.20) earnings per share for the quarter. Aston Martin Lagonda Global had a negative return on equity of 89.66% and a negative net margin of 36.40%. As a group, sell-side analysts expect 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. 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.