Aston Martin Lagonda Global (LON:AML) Trading Down 12% – What’s Next?

Aston Martin Lagonda Global Holdings plc (LON:AML) was down 12% on Wednesday . The stock traded as low as GBX 93.50 ($1.19) and last traded at GBX 97 ($1.23). Approximately 18,402,646 shares were traded during mid-day trading, an increase of 418% from the average daily volume of 3,555,313 shares. The stock had previously closed at GBX 110.20 ($1.40).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 160 ($2.03) price objective on shares of Aston Martin Lagonda Global in a research note on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Performance

The firm has a market capitalization of £913.74 million, a price-to-earnings ratio of -1.95, a PEG ratio of 0.03 and a beta of 2.00. The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71. The firm has a 50 day moving average price of GBX 108.02 and a 200-day moving average price of GBX 119.96.

Insider Buying and Selling

In other Aston Martin Lagonda Global news, insider Michael de Picciotto acquired 1,714,340 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were acquired at an average price of GBX 100 ($1.27) per share, for a total transaction of £1,714,340 ($2,172,801.01). Insiders own 55.55% of the company’s stock.

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.