Aston Martin Lagonda Global (LON:AML) Shares Up 8.9% - Here's What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) traded up 8.9% during trading on Wednesday . The company traded as high as GBX 82.60 ($1.07) and last traded at GBX 81.95 ($1.06). 61,541,258 shares traded hands during trading, an increase of 1,055% from the average session volume of 5,326,676 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 set a GBX 160 ($2.07) price objective on shares of Aston Martin Lagonda Global in a research note on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Performance

The stock's 50-day moving average is GBX 104.93 and its 200-day moving average is GBX 116.93. The stock has a market cap of £794.11 million, a price-to-earnings ratio of -1.69, a P/E/G ratio of 0.03 and a beta of 2.00. 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 earnings results 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 return on equity of 48.19% and a negative net margin of 21.42%. On average, analysts expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS 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.