Aston Martin Lagonda Global (LON:AML) Stock Price Up 9.8% – Here’s Why

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) rose 9.8% on Wednesday . The stock traded as high as GBX 85.60 ($1.10) and last traded at GBX 82.60 ($1.06). Approximately 61,986,582 shares changed hands during mid-day trading, an increase of 1,062% from the average daily volume of 5,336,572 shares. The stock had previously closed at GBX 75.25 ($0.96).

Analyst Upgrades and Downgrades

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

Aston Martin Lagonda Global Stock Performance

The stock has a market capitalization of £798.34 million, a price-to-earnings ratio of -1.70, a P/E/G ratio of 0.03 and a beta of 2.00. The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38. The firm has a 50-day moving average of GBX 106.10 and a 200-day moving average of GBX 118.20.

Aston Martin Lagonda Global (LON:AML) last released its quarterly earnings data on Wednesday, February 26th. The company reported GBX (34.80) (($0.45)) EPS 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, 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.