Aston Martin Lagonda Global (LON:AML) Shares Down 6.2% – Here’s What Happened

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) traded down 6.2% during mid-day trading on Friday . The stock traded as low as GBX 45.42 and last traded at GBX 45.52. 1,062,081 shares were traded during trading, a decline of 82% from the average session volume of 5,911,688 shares. The stock had previously closed at GBX 48.52.

Analyst Ratings Changes

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

Aston Martin Lagonda Global Stock Performance

The company has a market cap of £449.96 million, a P/E ratio of -0.93, a price-to-earnings-growth ratio of 0.03 and a beta of 1.98. The company has a quick ratio of 0.71, a current ratio of 1.02 and a debt-to-equity ratio of 528.42. The stock’s 50-day moving average price is GBX 42.74 and its 200 day moving average price is GBX 53.29.

Aston Martin Lagonda Global (LON:AML) last released its quarterly earnings results on Wednesday, March 25th. The company reported GBX (50.20) EPS for the quarter. Aston Martin Lagonda Global had a negative net margin of 36.40% and a negative return on equity of 89.66%. As a group, research analysts expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal year.

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. 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.