Aston Martin Lagonda Global (LON:AML) Shares Down 12% – What’s Next?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price fell 12% 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 traded hands during 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).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 160 ($2.01) price objective on shares of Aston Martin Lagonda Global in a report on Wednesday, February 19th.

Aston Martin Lagonda Global Price Performance

The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38. The company has a 50 day simple moving average of GBX 106.99 and a 200 day simple moving average of GBX 118.97. The stock has a market cap of £780.92 million, a P/E ratio of -1.67, a PEG ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML) last issued 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%. Sell-side analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current fiscal 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.