Aston Martin Lagonda Global (LON:AML) Shares Up 14.3% – Here’s Why

Aston Martin Lagonda Global Holdings plc (LON:AML) shares were up 14.3% on Wednesday . The stock traded as high as GBX 87.45 ($1.12) and last traded at GBX 86 ($1.10). Approximately 4,065,358 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 4,049,434 shares. The stock had previously closed at GBX 75.25 ($0.96).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 160 ($2.05) price target on shares of Aston Martin Lagonda Global in a research report on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Up 14.3 %

The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38. The company has a market capitalization of £810.12 million, a price-to-earnings ratio of -1.73, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The company has a 50-day moving average of GBX 106.10 and a 200-day moving average of GBX 118.20.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings data on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. On average, equities analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share 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.