Aston Martin Lagonda Global (LON:AML) Shares Down 12% – Should You Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML) fell 12% during trading on Wednesday . The stock traded as low as GBX 93.50 ($1.19) and last traded at GBX 97 ($1.23). 18,402,646 shares changed hands during mid-day trading, an increase of 418% from the average session volume of 3,555,313 shares. The stock had previously closed at GBX 110.20 ($1.40).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 160 ($2.03) target price 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 quick ratio of 0.71 and a current ratio of 0.88. The stock has a market cap of £913.74 million, a PE ratio of -1.95, a P/E/G ratio of 0.03 and a beta of 2.00. The business’s fifty day moving average price is GBX 108.02 and its 200-day moving average price is GBX 119.96.

Insider Activity

In other Aston Martin Lagonda Global news, insider Michael de Picciotto purchased 1,714,340 shares of Aston Martin Lagonda Global stock in a transaction dated Friday, November 29th. The stock was purchased at an average price of GBX 100 ($1.27) per share, with a total value of £1,714,340 ($2,172,801.01). Insiders own 55.55% of the company’s stock.

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.