Aston Martin Lagonda Global (LON:AML) Trading Up 12.8% – Here’s What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML)’s share price shot up 12.8% during trading on Wednesday . The company traded as high as GBX 85.90 ($1.10) and last traded at GBX 84.90 ($1.09). 62,622,824 shares were traded during mid-day trading, an increase of 1,070% from the average session volume of 5,350,711 shares. The stock had previously closed at GBX 75.25 ($0.96).

Wall Street Analysts Forecast Growth

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

Aston Martin Lagonda Global Stock Performance

The stock has a market capitalization of £815.70 million, a PE ratio of -1.74, a P/E/G ratio of 0.03 and a beta of 2.00. 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 50 day moving average of GBX 106.10 and a 200-day moving average of GBX 118.20.

Aston Martin Lagonda Global (LON:AML) last issued its earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) earnings per share for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. Research 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.