Aston Martin Lagonda Global (LON:AML) Stock Price Down 12% – Here’s Why

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price traded down 12% on Thursday . The stock traded as low as GBX 93.50 ($1.18) and last traded at GBX 97 ($1.22). 18,402,646 shares were traded during trading, an increase of 418% from the average session volume of 3,555,313 shares. The stock had previously closed at GBX 110.20 ($1.39).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 160 ($2.01) price target on shares of Aston Martin Lagonda Global in a report on Wednesday, February 19th.

Aston Martin Lagonda Global Trading Down 2.5 %

The company has a market cap of £780.92 million, a PE ratio of -1.67, a P/E/G ratio of 0.03 and a beta of 2.00. The stock’s 50 day moving average is GBX 106.99 and its 200-day moving average is GBX 118.97. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML) last announced its earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.44)) earnings per share for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. As a group, sell-side analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current year.

About Aston Martin Lagonda Global

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.