Aston Martin Lagonda Global (LON:AML) Shares Up 12.4% – Time to Buy?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price traded up 12.4% during mid-day trading on Wednesday . The stock traded as high as GBX 87.45 ($1.13) and last traded at GBX 84.60 ($1.09). 63,588,289 shares traded hands during trading, an increase of 1,084% from the average session volume of 5,372,166 shares. The stock had previously closed at GBX 75.25 ($0.97).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 160 ($2.06) target price on shares of Aston Martin Lagonda Global in a research 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 stock has a market capitalization of £794.11 million, a price-to-earnings ratio of -1.69, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The company’s 50 day moving average is GBX 105.36 and its 200 day moving average is GBX 117.50.

Aston Martin Lagonda Global (LON:AML) last issued its quarterly earnings data on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) 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%. Research analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal 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.