Aston Martin Lagonda Global (LON:AML) Sets New 12-Month Low – Here’s Why

Aston Martin Lagonda Global Holdings plc (LON:AML) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 33.11 and last traded at GBX 33.20, with a volume of 2545161 shares trading hands. The stock had previously closed at GBX 33.50.

Analyst Upgrades and Downgrades

AML has been the subject of a number of recent analyst reports. Citigroup decreased their target price on Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a “neutral” rating for the company in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a “hold” rating on the stock in a research report on Thursday, July 30th. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 41 price objective on shares of Aston Martin Lagonda Global in a report on Thursday, July 30th. Four investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 44.75.

Aston Martin Lagonda Global Stock Down 2.3%

The company has a quick ratio of 0.71, a current ratio of 0.93 and a debt-to-equity ratio of 893.66. The company’s fifty day moving average price is GBX 35.81 and its 200-day moving average price is GBX 41.20. The stock has a market capitalization of £340.61 million, a PE ratio of -0.67, a price-to-earnings-growth ratio of 0.03 and a beta of 1.97.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings results on Wednesday, July 29th. The company reported GBX (15.20) earnings per share for the quarter. Aston Martin Lagonda Global had a negative return on equity of 166.57% and a negative net margin of 36.66%. Analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

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.