Aston Martin Lagonda Global (OTCMKTS:ARGGY) Sets New 1-Year Low – Should You Sell?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) shares reached a new 52-week low during trading on Friday . The stock traded as low as $0.4741 and last traded at $0.4741, with a volume of 57725 shares changing hands. The stock had previously closed at $0.4950.

Analyst Ratings Changes

A number of brokerages have issued reports on ARGGY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Monday, February 23rd. HSBC reissued a “hold” rating on shares of Aston Martin Lagonda Global in a report on Tuesday, January 13th. Finally, Sanford C. Bernstein downgraded shares of Aston Martin Lagonda Global from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 11th. Six analysts have rated the stock with a Hold rating, According to MarketBeat.com, Aston Martin Lagonda Global presently has a consensus rating of “Hold”.

Aston Martin Lagonda Global Trading Down 4.2%

The company has a fifty day moving average of $0.70 and a 200 day moving average of $0.80.

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.