Aston Martin Lagonda Global (LON:AML) Trading Up 9% – Time to Buy?

Aston Martin Lagonda Global Holdings plc (LON:AML) rose 9% during mid-day trading on Monday . The stock traded as high as GBX 74 ($0.96) and last traded at GBX 71.10 ($0.92). Approximately 18,294,838 shares changed hands during trading, an increase of 186% from the average daily volume of 6,397,354 shares. The stock had previously closed at GBX 65.25 ($0.84).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 160 ($2.07) price objective on shares of Aston Martin Lagonda Global in a research report on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Up 9.3 %

The company has a debt-to-equity ratio of 179.38, a quick ratio of 0.71 and a current ratio of 0.88. The company has a market capitalization of £671.65 million, a PE ratio of -1.43, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The firm’s 50-day simple moving average is GBX 96.44 and its 200 day simple moving average is GBX 108.66.

Aston Martin Lagonda Global (LON:AML) last issued its earnings results 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 return on equity of 48.19% and a negative net margin of 21.42%. As a group, equities research analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share 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.