Aston Martin Lagonda Global (LON:AML) Trading Down 11.3% - Here's Why

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) shares dropped 11.3% on Wednesday . The stock traded as low as GBX 96.40 ($1.23) and last traded at GBX 97.75 ($1.24). Approximately 23,256,102 shares changed hands during trading, an increase of 533% from the average daily volume of 3,676,649 shares. The stock had previously closed at GBX 110.20 ($1.40).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated a "neutral" rating and issued a GBX 160 ($2.03) price target on shares of Aston Martin Lagonda Global in a report on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Performance

The company has a market capitalization 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 moving average of GBX 106.59 and a 200 day moving average of GBX 118.46. The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported GBX (34.80) (($0.44)) earnings per share (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, sell-side analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current 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.