Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Down – What’s Next?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $0.8002, but opened at $0.77. Aston Martin Lagonda Global shares last traded at $0.77, with a volume of 115,564 shares changing hands.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ARGGY. The Goldman Sachs Group began coverage on Aston Martin Lagonda Global in a research report on Sunday. They set a “neutral” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Wednesday, October 1st. Finally, Zacks Research upgraded Aston Martin Lagonda Global to a “hold” rating in a research note on Monday, August 11th. Four research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Aston Martin Lagonda Global Trading Down 3.8%

The company has a fifty day simple moving average of $0.88 and a 200-day simple moving average of $0.98.

Aston Martin Lagonda Global Company Profile

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.