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 was down 10.1% on Monday . The stock traded as low as GBX 71.95 ($0.97) and last traded at GBX 73.10 ($0.99). Approximately 4,583,481 shares changed hands during trading, an increase of 39% from the average daily volume of 3,299,495 shares. The stock had previously closed at GBX 81.30 ($1.10).

Analysts Set New Price Targets

Several research analysts recently weighed in on AML shares. JPMorgan Chase & Co. reduced their price objective on shares of Aston Martin Lagonda Global from GBX 90 to GBX 75 and set a “neutral” rating on the stock in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 95 price target on shares of Aston Martin Lagonda Global in a research note on Thursday, July 31st. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 85.

Aston Martin Lagonda Global Stock 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 stock’s 50 day simple moving average is GBX 75.88 and its two-hundred day simple moving average is GBX 75.68. The stock has a market cap of £736.02 million, a P/E ratio of -249.07, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings data on Wednesday, July 30th. The company reported GBX (14.60) 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%. As a group, research analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current 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.