Aston Martin Lagonda Global (OTCMKTS:ARGGY) Reaches New 1-Year Low – What’s Next?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $0.5350 and last traded at $0.5499, with a volume of 154860 shares changing hands. The stock had previously closed at $0.60.

Wall Street Analyst Weigh In

ARGGY has been the subject of a number of research reports. HSBC reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Monday, February 23rd. Finally, The Goldman Sachs Group started coverage on shares of Aston Martin Lagonda Global in a report on Sunday, November 23rd. They issued a “hold” rating on the stock. Five investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Down 8.3%

The stock has a fifty day moving average price of $0.80 and a 200-day moving average price of $0.86.

Aston Martin Lagonda Global Company Profile

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.