Aston Martin Lagonda Global (LON:AML) Shares Down 12% – Here’s What Happened

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) traded down 12% during trading on Thursday . The company traded as low as GBX 84.50 ($1.06) and last traded at GBX 85.35 ($1.07). 22,656,773 shares traded hands during trading, an increase of 463% from the average session volume of 4,021,248 shares. The stock had previously closed at GBX 97 ($1.22).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 160 ($2.01) price target on shares of Aston Martin Lagonda Global in a research note on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Down 2.5 %

The company has a debt-to-equity ratio of 179.38, a quick ratio of 0.71 and a current ratio of 0.88. The firm has a market capitalization of £780.92 million, a PE ratio of -1.67, a PEG ratio of 0.03 and a beta of 2.00. The company’s 50 day simple moving average is GBX 106.99 and its 200-day simple moving average is GBX 118.97.

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

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.