Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Down – Here’s What Happened

Shares of Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) gapped down prior to trading on Wednesday. The stock had previously closed at $0.5392, but opened at $0.50. Aston Martin Lagonda Global shares last traded at $0.50, with a volume of 168 shares changing hands.

Wall Street Analyst Weigh In

ARGGY has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Thursday, July 30th. Citigroup reissued a “neutral” rating on shares of Aston Martin Lagonda Global in a research note on Monday, August 3rd. Five analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Aston Martin Lagonda Global Trading Down 4.6%

The business has a 50 day simple moving average of $0.45 and a two-hundred day simple moving average of $0.51.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global Holdings plc is a British luxury automotive company that designs, engineers, manufactures and sells high-performance sports cars, grand touring vehicles and sport utility vehicles. Its products are marketed under the Aston Martin marque, which is known for combining performance, craftsmanship and distinctive design.

The company’s vehicle portfolio includes models such as the Vantage, DB12, Vanquish, DBS, and DBX, along with limited-edition and special-series vehicles.