Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) Sees Significant Decrease in Short Interest

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 214,296 shares, a drop of 50.2% from the April 15th total of 430,025 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 117,380 shares, the short-interest ratio is presently 1.8 days.

Aston Martin Lagonda Global Price Performance

Shares of Aston Martin Lagonda Global stock opened at $0.65 on Monday. The firm has a fifty day moving average price of $0.56 and a 200 day moving average price of $0.72. Aston Martin Lagonda Global has a 1 year low of $0.44 and a 1 year high of $1.22.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a report on Thursday. Citigroup reaffirmed a “neutral” rating on shares of Aston Martin Lagonda Global in a report on Friday. Finally, Sanford C. Bernstein cut shares of Aston Martin Lagonda Global from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. Six equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

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.