Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Down – What’s Next?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY)’s share price gapped down prior to trading on Monday. The stock had previously closed at $0.49, but opened at $0.4602. Aston Martin Lagonda Global shares last traded at $0.5008, with a volume of 19,600 shares.

Analysts Set New Price Targets

Several analysts recently weighed in on ARGGY shares. Citigroup restated a “neutral” rating on shares of Aston Martin Lagonda Global in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a report on Thursday, July 30th. Five research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Aston Martin Lagonda Global Price Performance

The business has a 50 day simple moving average of $0.46 and a two-hundred day simple moving average of $0.56.

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global Holdings plc is a United Kingdom-based manufacturer of luxury performance vehicles. Through the Aston Martin brand, the company designs, engineers and sells sports cars, grand tourers and high-performance sport utility vehicles, including models such as the Vantage, DB12, Vanquish and DBX. It also develops limited-edition and bespoke vehicles through its special projects and personalization activities.

The company traces its origins to 1913, when Lionel Martin and Robert Bamford established Bamford & Martin in London.