Aston Martin Lagonda Global (LON:AML) Shares Up 9.8% – Time to Buy?

Aston Martin Lagonda Global Holdings plc (LON:AML) shot up 9.8% on Wednesday . The stock traded as high as GBX 85.60 ($1.10) and last traded at GBX 82.60 ($1.06). 61,986,582 shares were traded during trading, an increase of 1,062% from the average session volume of 5,336,572 shares. The stock had previously closed at GBX 75.25 ($0.97).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 160 ($2.06) target price on shares of Aston Martin Lagonda Global in a research report on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Down 5.7 %

The business has a 50 day moving average of GBX 105.36 and a 200-day moving average of GBX 117.50. The stock has a market cap of £766.79 million, a PE ratio of -1.64, a P/E/G ratio of 0.03 and a beta of 2.00. 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 released its quarterly 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 return on equity of 48.19% and a negative net margin of 21.42%. Equities research analysts predict 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.