Aston Martin Lagonda Global (LON:AML) Shares Down 12% – Should You Sell?

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) dropped 12% on Thursday . The stock traded as low as GBX 93.50 ($1.18) and last traded at GBX 97 ($1.22). Approximately 18,402,646 shares changed hands during trading, an increase of 418% from the average daily volume of 3,555,313 shares. The stock had previously closed at GBX 110.20 ($1.39).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 160 ($2.01) price target on shares of Aston Martin Lagonda Global in a research report on Wednesday, February 19th.

Aston Martin Lagonda Global Price Performance

The company has a market cap of £780.92 million, a P/E ratio of -1.67, 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 company has a fifty day simple moving average of GBX 106.99 and a 200-day simple moving average of GBX 118.97.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings data on Wednesday, February 26th. The company reported GBX (34.80) (($0.44)) 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, sell-side 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.