Aston Martin Lagonda Global (OTCMKTS:ARGGY) Sets New 1-Year Low – What’s Next?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY)’s share price reached a new 52-week low on Friday . The company traded as low as $0.5293 and last traded at $0.5293, with a volume of 46095 shares changing hands. The stock had previously closed at $0.5645.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a report on Monday, February 23rd. HSBC reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Tuesday, January 13th. Sanford C. Bernstein downgraded Aston Martin Lagonda Global from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Finally, The Goldman Sachs Group started coverage on Aston Martin Lagonda Global in a report on Sunday, November 23rd. They set a “hold” rating for the company. Six investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Performance

The stock’s fifty day simple moving average is $0.76 and its 200-day simple moving average is $0.83.

About Aston Martin Lagonda Global

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.