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

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $0.62, but opened at $0.56. Aston Martin Lagonda Global shares last traded at $0.5619, with a volume of 4,187 shares trading hands.

Analyst Upgrades and Downgrades

ARGGY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a report on Thursday, May 14th. Citigroup reaffirmed a “neutral” rating on shares of Aston Martin Lagonda Global in a report on Friday, May 15th. Finally, Sanford C. Bernstein downgraded 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, Based on data from MarketBeat, Aston Martin Lagonda Global has an average rating of “Hold”.

Aston Martin Lagonda Global Price Performance

The company has a 50-day moving average of $0.58 and a 200-day moving average of $0.70.

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.