Aston Martin Lagonda Global (OTCMKTS:ARGGY) Reaches New 1-Year Low – Time to Sell?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $0.6540 and last traded at $0.6578, with a volume of 151313 shares changing hands. The stock had previously closed at $0.7426.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aston Martin Lagonda Global in a report on Monday. The Goldman Sachs Group began coverage on Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They issued a “hold” rating for the company. Finally, HSBC reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Tuesday, January 13th. Five investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Aston Martin Lagonda Global Stock Performance

The firm’s 50-day simple moving average is $0.81 and its 200-day simple moving average is $0.87.

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.