Aston Martin Lagonda Global (OTCMKTS:ARGGY) Hits New 1-Year Low – What’s Next?

Shares of Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $0.6540 and last traded at $0.6578, with a volume of 151313 shares traded. The stock had previously closed at $0.7426.

Analyst Ratings Changes

ARGGY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Monday. HSBC reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Tuesday, January 13th. Finally, The Goldman Sachs Group assumed coverage on shares of Aston Martin Lagonda Global in a report on Sunday, November 23rd. They set a “hold” rating for the company. Five investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Down 13.8%

The company’s 50 day simple moving average is $0.82 and its two-hundred day simple moving average is $0.87.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.