Aston Martin Lagonda Global (LON:AML) Trading 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 company traded as low as GBX 42.06 and last traded at GBX 43.98. Approximately 3,434,131 shares were traded 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

A number of equities analysts have 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 report on Wednesday, May 20th. Citigroup upped their price target on shares of Aston Martin Lagonda Global from GBX 45 to GBX 55 and gave the company a “neutral” rating in a research report on Friday, May 15th. Four analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 62.

Aston Martin Lagonda Global Stock Up 2.4%

The stock has a market cap of £435.69 million, a PE ratio of -0.90, a price-to-earnings-growth ratio of 0.03 and a beta of 1.98. The company has a debt-to-equity ratio of 528.42, a quick ratio of 0.71 and a current ratio of 1.02. The company’s 50-day moving average price is GBX 43.23 and its 200 day moving average price is GBX 52.87.

Aston Martin Lagonda Global (LON:AML) last announced its quarterly earnings data on Wednesday, March 25th. The company reported GBX (50.20) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative net margin of 36.40% and a negative return on equity of 89.66%. As a group, analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal 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.