Aston Martin Lagonda Global (LON:AML) Stock Price Up 11.5% – Here’s Why

Aston Martin Lagonda Global Holdings plc (LON:AML) shares rose 11.5% during trading on Wednesday . The stock traded as high as GBX 85.60 ($1.10) and last traded at GBX 83.88 ($1.07). Approximately 62,394,199 shares traded hands during trading, an increase of 1,067% from the average daily volume of 5,345,630 shares. The stock had previously closed at GBX 75.25 ($0.96).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 160 ($2.05) target price on shares of Aston Martin Lagonda Global in a research note on Wednesday, February 19th.

Aston Martin Lagonda Global Trading Up 12.8 %

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 stock has a market capitalization of £799.76 million, a P/E ratio of -1.71, a PEG ratio of 0.03 and a beta of 2.00. The business’s 50 day simple moving average is GBX 106.10 and its 200-day simple moving average is GBX 118.20.

Aston Martin Lagonda Global (LON:AML) last announced 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 net margin of 21.42% and a negative return on equity of 48.19%. As a group, analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current year.

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.