Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Up – Still a Buy?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) shares gapped up prior to trading on Wednesday . The stock had previously closed at $0.8025, but opened at $0.8499. Aston Martin Lagonda Global shares last traded at $0.8151, with a volume of 4,438 shares traded.

Analysts Set New Price Targets

ARGGY has been the topic of a number of recent analyst reports. The Goldman Sachs Group began coverage on shares of Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They set a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Wednesday, October 1st. Finally, Zacks Research raised Aston Martin Lagonda Global to a “hold” rating in a research note on Monday, August 11th. Four analysts have rated the stock with a Hold rating, According to MarketBeat, Aston Martin Lagonda Global has a consensus rating of “Hold”.

Aston Martin Lagonda Global Trading Up 2.2%

The company’s 50-day moving average price is $0.85 and its 200-day moving average price is $0.97.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global Holdings plc engages in the design, development, manufacture, and marketing of luxury sports cars worldwide. It also engages in the sale of parts; sale of vehicles; servicing and restoration of vehicles; and brand licensing and motorsport activities. The company sells its vehicles through a network of dealers.