Aston Martin Lagonda Global (LON:AML) Trading Down 7.5% – Time to Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s share price traded down 7.5% on Thursday . The stock traded as low as GBX 50.10 and last traded at GBX 51.13. 7,257,110 shares changed hands during trading, an increase of 225% from the average session volume of 2,232,748 shares. The stock had previously closed at GBX 55.25.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reduced their price objective on Aston Martin Lagonda Global from GBX 62 to GBX 58 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of GBX 72.67.

Aston Martin Lagonda Global Trading Down 7.5%

The stock’s 50-day simple moving average is GBX 61.87 and its two-hundred day simple moving average is GBX 66.36. The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71. The firm has a market capitalization of £517.40 million, a P/E ratio of -1.28, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML) last announced its quarterly earnings data on Thursday, December 11th. The company reported GBX (34.80) 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 expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current 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. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.