Aston Martin Lagonda Global (LON:AML) Trading Down 14.1% – What’s Next?

Aston Martin Lagonda Global Holdings plc (LON:AML) traded down 14.1% during mid-day trading on Wednesday . The company traded as low as GBX 94.05 ($1.19) and last traded at GBX 94.62 ($1.20). 26,460,350 shares were traded during mid-day trading, an increase of 604% from the average session volume of 3,756,755 shares. The stock had previously closed at GBX 110.20 ($1.40).

Wall Street Analyst Weigh In

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

Aston Martin Lagonda Global Stock Performance

The stock has a market capitalization of £907.14 million, a P/E ratio of -1.93, a price-to-earnings-growth 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 company has a 50-day moving average price of GBX 108.02 and a two-hundred day moving average price of GBX 119.96.

Insiders Place Their Bets

In related news, insider Michael de Picciotto purchased 1,714,340 shares of Aston Martin Lagonda Global stock in a transaction on Friday, November 29th. The stock was acquired at an average cost of GBX 100 ($1.27) per share, for a total transaction of £1,714,340 ($2,172,801.01). 55.55% of the stock is currently owned by corporate insiders.

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.