Aston Martin Lagonda Global (LON:AML) Stock Price Up 6.5%

Aston Martin Lagonda Global Holdings plc (LON:AML) shares rose 6.5% during mid-day trading on Wednesday . The stock traded as high as GBX 169 ($2.19) and last traded at GBX 159.70 ($2.07). Approximately 5,025,027 shares were traded during mid-day trading, an increase of 241% from the average daily volume of 1,472,201 shares. The stock had previously closed at GBX 150 ($1.94).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. dropped their price target on Aston Martin Lagonda Global from GBX 260 ($3.36) to GBX 225 ($2.91) and set a “neutral” rating on the stock in a research note on Thursday, May 2nd.

Aston Martin Lagonda Global Trading Up 0.6 %

The business has a 50-day moving average of GBX 149.11 and a 200-day moving average of GBX 161.35. The firm has a market cap of £1.35 billion, a price-to-earnings ratio of -442.70, a P/E/G ratio of 0.03 and a beta of 2.07. The company has a debt-to-equity ratio of 130.72, a current ratio of 1.00 and a quick ratio of 0.71.

Insider Transactions at Aston Martin Lagonda Global

In related news, insider Nigel Boardman purchased 36,607 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The stock was acquired at an average cost of GBX 136 ($1.76) per share, for a total transaction of £49,785.52 ($64,388.93). Corporate insiders own 55.51% of the company’s stock.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global Holdings plc engages in the design, development, manufacture, and marketing of luxury sports cars worldwide. It also engages in the sale of parts; sale of vehicles; servicing and restoration of vehicles; and brand licensing and motorsport activities. The company sells its vehicles through a network of dealers.