Aston Martin Lagonda Global (LON:AML) Trading Up 11.2% – Still a Buy?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price shot up 11.2% during mid-day trading on Wednesday . The stock traded as high as GBX 85.60 ($1.10) and last traded at GBX 83.65 ($1.08). 62,263,930 shares were traded during trading, an increase of 1,065% from the average session volume of 5,342,736 shares. The stock had previously closed at GBX 75.25 ($0.97).

Wall Street Analysts Forecast Growth

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

Aston Martin Lagonda Global Trading Down 5.7 %

The firm has a market cap of £766.79 million, a price-to-earnings ratio of -1.64, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. 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 firm’s fifty day moving average is GBX 105.36 and its 200-day moving average is GBX 117.50.

Aston Martin Lagonda Global (LON:AML) last issued its 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 return on equity of 48.19% and a negative net margin of 21.42%. Equities analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current 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.