Aston Martin Lagonda Global (LON:AML) Trading 9.6% Higher – Should You Buy?

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) rose 9.6% on Wednesday . The company traded as high as GBX 82.60 ($1.06) and last traded at GBX 82.45 ($1.05). Approximately 61,545,570 shares were traded during mid-day trading, an increase of 1,055% from the average daily volume of 5,326,772 shares. The stock had previously closed at GBX 75.25 ($0.96).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 160 ($2.05) target price on shares of Aston Martin Lagonda Global in a report on Wednesday, February 19th.

Aston Martin Lagonda Global Price Performance

The firm has a market capitalization of £788.75 million, a PE ratio of -1.68, a P/E/G ratio of 0.03 and a beta of 2.00. The firm’s fifty day moving average price is GBX 106.10 and its 200 day moving average price is GBX 118.20. The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML) last posted its earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) 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%. As a group, equities analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

About Aston Martin Lagonda Global

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.