Aston Martin Lagonda Global (LON:AML) Shares Down 12% - Time to Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) was down 12% during mid-day trading on Thursday . The stock traded as low as GBX 84.50 ($1.07) and last traded at GBX 85.35 ($1.08). Approximately 22,656,773 shares changed hands during mid-day trading, an increase of 463% from the average daily volume of 4,021,248 shares. The stock had previously closed at GBX 97 ($1.22).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reiterated a "neutral" rating and set a GBX 160 ($2.02) price target on shares of Aston Martin Lagonda Global in a report on Wednesday, February 19th.

Aston Martin Lagonda Global Price Performance

The stock has a market cap of £780.45 million, a P/E ratio of -1.66, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The business has a 50-day simple moving average of GBX 106.99 and a 200 day simple moving average of GBX 118.71. The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last posted 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 return on equity of 48.19% and a negative net margin of 21.42%. On average, 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.