Aston Martin Lagonda Global (LON:AML) Shares Up 12.4% - Here's What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) traded up 12.4% during mid-day trading on Wednesday . The stock traded as high as GBX 87.45 ($1.13) and last traded at GBX 84.60 ($1.09). 63,588,289 shares were traded during trading, an increase of 1,084% from the average session volume of 5,372,166 shares. The stock had previously closed at GBX 75.25 ($0.97).

Analyst Upgrades and Downgrades

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

Aston Martin Lagonda Global Trading Down 2.4 %

The company's 50-day moving average is GBX 104.93 and its 200-day moving average is GBX 116.75. The firm 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 debt-to-equity ratio of 179.38, a quick ratio of 0.71 and a current ratio of 0.88.

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