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Aston Martin Lagonda Global (LON:AML) Trading Up 9.8% - Here's Why

Aston Martin Lagonda Global logo with Consumer Cyclical background
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Shares of Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) traded up 9.8% on Wednesday . The company traded as high as GBX 85.60 ($1.11) and last traded at GBX 82.60 ($1.07). 61,986,582 shares traded hands during mid-day trading, an increase of 1,062% from the average session volume of 5,336,572 shares. The stock had previously closed at GBX 75.25 ($0.97).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reaffirmed 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.

Read Our Latest Stock Analysis on AML

Aston Martin Lagonda Global Stock Performance

The company has a market capitalization of £794.11 million, a price-to-earnings ratio of -1.69, a PEG ratio of 0.03 and a beta of 2.00. The stock has a 50-day moving average price of GBX 104.93 and a 200-day moving average price of GBX 116.93. The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) earnings per share (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%. As a group, analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

About Aston Martin Lagonda Global

(Get Free Report)

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.

Further Reading

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