Aston Martin Lagonda Global (OTCMKTS:ARGGY) Sets New 1-Year Low – Should You Sell?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY)’s stock price reached a new 52-week low on Thursday . The company traded as low as $0.6540 and last traded at $0.6578, with a volume of 151313 shares traded. The stock had previously closed at $0.7426.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ARGGY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Monday. HSBC restated a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group initiated coverage on Aston Martin Lagonda Global in a research note on Sunday, November 23rd. They set a “hold” rating for the company. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Aston Martin Lagonda Global presently has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Down 13.8%

The stock has a fifty day simple moving average of $0.82 and a 200 day simple moving average of $0.87.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.