Aston Martin Lagonda Global (LON:AML) Trading 11.2% Higher – Here’s Why

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price was up 11.2% during trading on Wednesday . The stock traded as high as GBX 85.60 ($1.10) and last traded at GBX 83.65 ($1.07). Approximately 62,263,930 shares changed hands during trading, an increase of 1,065% from the average daily volume of 5,342,736 shares. The stock had previously closed at GBX 75.25 ($0.96).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 160 ($2.05) price objective on shares of Aston Martin Lagonda Global in a research note on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Performance

The stock has a market capitalization of £798.34 million, a P/E ratio of -1.70, a P/E/G ratio of 0.03 and a beta of 2.00. The stock has a 50 day simple moving average of GBX 106.10 and a two-hundred day simple moving average of GBX 118.20. 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 released its earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) 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%. On average, equities analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal 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.