Aston Martin Lagonda Global (LON:AML) Trading Up 14.3% - Here's Why

Aston Martin Lagonda Global Holdings plc (LON:AML) experienced a notable increase of 14.3% in its share price on Wednesday. The stock climbed to a high of GBX 87.45 ($1.13) and was last recorded at GBX 86 ($1.11). During the midday trading session, around 4,065,358 shares changed hands, indicating no significant change from the average daily volume of 4,049,434 shares. The previous closing price for the stock was GBX 75.25 ($0.97).

Analyst Ratings for Aston Martin Lagonda Global

In separate news, JPMorgan Chase & Co. reaffirmed a "neutral" rating for Aston Martin Lagonda Global and set a price target of GBX 160 ($2.06) for the shares in a report dated February 19.

Aston Martin Lagonda Global Stock Performance

The company currently has a 50-day moving average of GBX 105.73 and a 200-day moving average of GBX 117.86. With a market capitalization of £813.42 million, Aston Martin Lagonda Global has a PE ratio of -1.73, a PEG ratio of 0.03, and a beta of 2.00. The financial health of the company shows a debt-to-equity ratio of 179.38, a quick ratio of 0.71, and a current ratio of 0.88.

Aston Martin Lagonda Global last reported its quarterly earnings on February 26. The company posted earnings of GBX (34.80) (($0.45)) per share for the quarter, reflecting a negative return on equity of 48.19% and a negative net margin of 21.42%. Analysts anticipate that Aston Martin Lagonda Global Holdings plc will achieve an EPS of 3.0755403 for the current fiscal year.

About Aston Martin Lagonda Global

Aston Martin aims to be the premier ultra-luxury British brand, renowned for creating highly desirable performance vehicles. Established in 1913 by Lionel Martin and Robert Bamford, Aston Martin is recognized worldwide as a symbol of luxury, performance, style, and exclusivity.

Additional Insights

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