Aston Martin Lagonda Global (LON:AML) Shares Cross Below 200 Day Moving Average – Time to Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 49.07 and traded as low as GBX 37.30. Aston Martin Lagonda Global shares last traded at GBX 38.17, with a volume of 1,914,165 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Citigroup upped their price target on Aston Martin Lagonda Global from GBX 45 to GBX 55 and gave the company a “neutral” rating in a research report on Friday, May 15th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 50 target price on shares of Aston Martin Lagonda Global in a research note on Wednesday, May 20th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of GBX 62.

Aston Martin Lagonda Global Price Performance

The company has a market capitalization of £380.65 million, a P/E ratio of -0.79, a price-to-earnings-growth ratio of 0.03 and a beta of 1.98. The company has a fifty day moving average price of GBX 42.60 and a 200 day moving average price of GBX 48.70.

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. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.