Aston Martin Lagonda Global (LON:AML) Trading 12.8% Higher – Time to Buy?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price traded up 12.8% during mid-day trading on Wednesday . The company traded as high as GBX 85.90 ($1.10) and last traded at GBX 84.90 ($1.09). 62,622,824 shares changed hands during trading, an increase of 1,070% from the average session volume of 5,350,711 shares. The stock had previously closed at GBX 75.25 ($0.96).

Wall Street Analysts Forecast Growth

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 Performance

The company’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 £815.70 million, a PE ratio of -1.74, a PEG ratio of 0.03 and a beta of 2.00. The company has a debt-to-equity ratio of 179.38, a quick ratio of 0.71 and a current ratio of 0.88.

Aston Martin Lagonda Global (LON:AML) last released its earnings results on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) 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 research analysts expect 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.