Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Down – Here’s What Happened

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $0.6345, but opened at $0.5913. Aston Martin Lagonda Global shares last traded at $0.6285, with a volume of 5,609 shares.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ARGGY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Monday, February 23rd. HSBC reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Tuesday, January 13th. Finally, Sanford C. Bernstein downgraded shares of Aston Martin Lagonda Global from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. Five analysts have rated the stock with a Hold rating, According to MarketBeat.com, Aston Martin Lagonda Global has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Performance

The stock has a 50 day moving average price of $0.56 and a two-hundred day moving average price of $0.72.

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.