Aston Martin Lagonda Global (LON:AML) Trading 8.9% Higher – Still a Buy?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price traded up 8.9% during trading on Wednesday . The company traded as high as GBX 82.60 ($1.06) and last traded at GBX 81.95 ($1.06). 61,541,258 shares traded hands during mid-day trading, an increase of 1,055% from the average session volume of 5,326,676 shares. The stock had previously closed at GBX 75.25 ($0.97).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 160 ($2.06) price objective on shares of Aston Martin Lagonda Global in a research report on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Performance

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 stock has a market cap of £769.23 million, a price-to-earnings ratio of -1.64, a P/E/G ratio of 0.03 and a beta of 2.00. The stock’s 50-day moving average is GBX 105.36 and its 200 day moving average is GBX 117.50.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) earnings per share (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%. As a group, analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current fiscal 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.