Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Down – Time to Sell?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) gapped down before the market opened on Tuesday . The stock had previously closed at $0.8480, but opened at $0.79. Aston Martin Lagonda Global shares last traded at $0.7879, with a volume of 11,947 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. HSBC restated a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Tuesday, January 13th. The Goldman Sachs Group began coverage on Aston Martin Lagonda Global in a research note on Sunday, November 23rd. They set a “hold” rating on the stock. Five investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Performance

The firm’s 50-day simple moving average is $0.83 and its 200 day simple moving average is $0.88.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.