Aston Martin Lagonda Global (LON:AML) Trading Down 12% – What’s Next?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s share price was down 12% during trading on Thursday . The company traded as low as GBX 84.50 ($1.07) and last traded at GBX 85.40 ($1.08). Approximately 22,908,055 shares traded hands during mid-day trading, an increase of 469% from the average daily volume of 4,027,377 shares. The stock had previously closed at GBX 97 ($1.23).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 160 ($2.03) price objective on shares of Aston Martin Lagonda Global in a research note on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Down 12.4 %

The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71. The stock has a market capitalization of £800.70 million, a P/E ratio of -1.71, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The firm has a 50 day moving average of GBX 107.83 and a 200-day moving average of GBX 119.68.

Aston Martin Lagonda Global (LON:AML) last issued its quarterly earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.44)) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. On average, equities research analysts expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current fiscal year.

Insider Activity at Aston Martin Lagonda Global

In related news, insider Michael de Picciotto acquired 1,714,340 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were bought at an average cost of GBX 100 ($1.27) per share, with a total value of £1,714,340 ($2,174,178.82). Corporate insiders own 55.55% of the company’s stock.

Aston Martin Lagonda Global Company Profile

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.