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

Aston Martin Lagonda Global Holdings plc (LON:AMLGet Free Report) was down 12% during trading on Thursday . The company traded as low as GBX 84.50 ($1.07) and last traded at GBX 85.35 ($1.08). Approximately 22,656,773 shares changed hands during mid-day trading, an increase of 463% from the average daily volume of 4,021,248 shares. The stock had previously closed at GBX 97 ($1.23).

Analysts Set New Price Targets

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

Read Our Latest Analysis on AML

Aston Martin Lagonda Global Stock Down 12.4 %

The firm has a fifty day moving average price of GBX 107.83 and a 200 day moving average price of GBX 119.68. 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 company has a market cap of £800.70 million, a P/E ratio of -1.71, a PEG ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AMLGet Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.44)) 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%. Equities research analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

Insider Transactions at Aston Martin Lagonda Global

In other news, insider Michael de Picciotto bought 1,714,340 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were acquired at an average price of GBX 100 ($1.27) per share, with a total value of £1,714,340 ($2,174,178.82). 55.55% of the stock is currently owned by insiders.

Aston Martin Lagonda Global Company Profile

(Get Free Report)

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.

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