Aston Martin Lagonda Global (LON:AML) Trading 14.3% Higher – Still a Buy?

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price shot up 14.3% during mid-day trading 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 were traded 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. reiterated a “neutral” rating and issued a GBX 160 ($2.07) target price on shares of Aston Martin Lagonda Global in a research note on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Down 2.4 %

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 market cap of £794.11 million, a P/E ratio of -1.69, a PEG ratio of 0.03 and a beta of 2.00. The business’s 50 day moving average price is GBX 104.93 and its 200-day moving average price is GBX 117.12.

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 net margin of 21.42% and a negative return on equity of 48.19%. On average, analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current fiscal 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.