Aston Martin Lagonda Global (LON:AML) Stock Price Down 11.3% – What’s Next?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price traded down 11.3% during trading on Wednesday . The stock traded as low as GBX 96.40 ($1.22) and last traded at GBX 97.75 ($1.24). 23,256,102 shares traded hands during mid-day trading, an increase of 533% from the average session volume of 3,676,649 shares. The stock had previously closed at GBX 110.20 ($1.40).

Analysts Set New Price Targets

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

Aston Martin Lagonda Global Stock Performance

The firm has a fifty day simple moving average of GBX 108.02 and a 200-day simple moving average of GBX 119.96. The company has a market cap of £892.54 million, a PE ratio of -1.90, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38.

Insider Activity

In other Aston Martin Lagonda Global news, insider Michael de Picciotto bought 1,714,340 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was acquired at an average price of GBX 100 ($1.27) per share, for a total transaction of £1,714,340 ($2,172,801.01). Corporate insiders own 55.55% of the company’s stock.

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.