Aston Martin Lagonda Global (LON:AML) Shares Down 12% – Should You Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML) traded down 12% during mid-day trading on Wednesday . The company traded as low as GBX 93.50 ($1.19) and last traded at GBX 97 ($1.23). 18,402,646 shares changed hands during trading, an increase of 418% from the average session volume of 3,555,313 shares. The stock had previously closed at GBX 110.20 ($1.40).

Wall Street Analyst Weigh In

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

Aston Martin Lagonda Global Price Performance

The company has a market cap of £913.74 million, a PE ratio of -1.95, 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. The firm has a 50 day simple moving average of GBX 108.02 and a 200-day simple moving average of GBX 119.96.

Insider Transactions at Aston Martin Lagonda Global

In other Aston Martin Lagonda Global news, insider Michael de Picciotto acquired 1,714,340 shares of the stock in a transaction dated Friday, November 29th. The stock was purchased at an average price of GBX 100 ($1.27) per share, with a total value of £1,714,340 ($2,174,178.82). 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.