Aston Martin Lagonda Global (LON:AML) Trading Up 14.3% – Time to Buy?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s share price traded up 14.3% on Thursday . The company traded as high as GBX 87.45 ($1.13) and last traded at GBX 86 ($1.11). 4,065,358 shares changed hands during mid-day trading, an increase of 0% from the average session volume of 4,049,434 shares. The stock had previously closed at GBX 75.25 ($0.97).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 160 ($2.06) price objective on shares of Aston Martin Lagonda Global in a report on Wednesday, February 19th.

Aston Martin Lagonda Global Price Performance

The stock has a market cap of £804.00 million, a P/E ratio of -1.71, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The business has a 50-day simple moving average of GBX 105.73 and a 200 day simple moving average of GBX 117.86. The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global (LON:AML) last issued 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 return on equity of 48.19% and a negative net margin of 21.42%. On average, analysts forecast 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.