Aston Martin Lagonda Global (LON:AML) Trading 12.4% Higher – Should You Buy?

Aston Martin Lagonda Global Holdings plc (LON:AML) shares were up 12.4% during mid-day trading on Wednesday . The stock traded as high as GBX 87.45 ($1.12) and last traded at GBX 84.60 ($1.08). Approximately 63,588,289 shares were traded during trading, an increase of 1,084% from the average daily volume of 5,372,166 shares. The stock had previously closed at GBX 75.25 ($0.96).

Analysts Set New Price Targets

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

Aston Martin Lagonda Global Price Performance

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 firm’s 50-day moving average price is GBX 106.10 and its 200-day moving average price is GBX 118.20. The stock has a market capitalization of £810.12 million, a PE ratio of -1.73, a PEG ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML) last issued 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 forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal 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.