Aston Martin Lagonda Global (LON:AML) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 47.99 and traded as low as GBX 36. Aston Martin Lagonda Global shares last traded at GBX 36.92, with a volume of 1,129,943 shares traded.

Analyst Ratings Changes

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

Aston Martin Lagonda Global Stock Performance

The firm has a market capitalization of £373.88 million, a price-to-earnings ratio of -0.77, a P/E/G ratio of 0.03 and a beta of 1.98. The business’s 50-day moving average is GBX 42.18 and its two-hundred day moving average is GBX 47.99.

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.