Aston Martin Lagonda Global (LON:AML) Stock Price Up 14.3% - Here's What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report)'s share price rose 14.3% during trading on Wednesday . The stock traded as high as GBX 87.45 ($1.13) and last traded at GBX 86 ($1.11). Approximately 4,065,358 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 4,049,434 shares. The stock had previously closed at GBX 75.25 ($0.97).

Wall Street Analysts Forecast Growth

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

Aston Martin Lagonda Global Price Performance

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 50-day moving average of GBX 104.93 and a 200-day moving average of GBX 116.75. The stock has a market capitalization 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.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last released its quarterly 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 expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current fiscal 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.