Aston Martin Lagonda Global (LON:AML) Stock Price Down 10.1% – Here’s What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML)’s share price fell 10.1% during trading on Tuesday . The stock traded as low as GBX 71.95 ($0.97) and last traded at GBX 73.10 ($0.99). 4,583,481 shares were traded during trading, an increase of 39% from the average session volume of 3,299,495 shares. The stock had previously closed at GBX 81.30 ($1.10).

Analysts Set New Price Targets

AML has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 95 price objective on shares of Aston Martin Lagonda Global in a research report on Thursday, July 31st. JPMorgan Chase & Co. cut their price target on shares of Aston Martin Lagonda Global from GBX 90 to GBX 75 and set a “neutral” rating on the stock in a report on Monday, August 4th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of GBX 85.

Aston Martin Lagonda Global Trading Down 0.2%

The stock has a market cap of £738.57 million, a PE ratio of -249.93, a P/E/G ratio of 0.03 and a beta of 2.00. The firm has a 50-day simple moving average of GBX 75.88 and a 200-day simple moving average of GBX 75.68. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML) last announced its quarterly earnings results on Wednesday, July 30th. The company reported GBX (14.60) earnings per share for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. Equities analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current 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.