Aston Martin Lagonda Global (LON:AML) Trading Down 12% – Should You Sell?

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) fell 12% during trading on Thursday . The stock traded as low as GBX 84.50 ($1.06) and last traded at GBX 85.35 ($1.07). 22,656,773 shares changed hands during mid-day trading, an increase of 463% from the average session volume of 4,021,248 shares. The stock had previously closed at GBX 97 ($1.22).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 160 ($2.01) target price on shares of Aston Martin Lagonda Global in a research note on Wednesday, February 19th.

Aston Martin Lagonda Global Price Performance

The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71. The company’s 50 day moving average is GBX 106.99 and its 200 day moving average is GBX 118.97. The stock has a market cap of £780.92 million, a price-to-earnings ratio of -1.67, a PEG ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML) last announced its quarterly earnings data on Wednesday, February 26th. The company reported GBX (34.80) (($0.44)) 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%. Research analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share 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.