Aston Martin Lagonda Global (LON:AML) Shares Cross Above Two Hundred Day Moving Average of $177.36

Aston Martin Lagonda Global Holdings plc (LON:AML – Get Rating) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 177.36 ($2.16) and traded as high as GBX 259.27 ($3.16). Aston Martin Lagonda Global shares last traded at GBX 245.20 ($2.99), with a volume of 1,694,269 shares.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on AML shares. Barclays increased their target price on Aston Martin Lagonda Global from GBX 175 ($2.13) to GBX 200 ($2.44) and gave the stock an “overweight” rating in a report on Wednesday, February 8th. Jefferies Financial Group raised their price target on Aston Martin Lagonda Global to GBX 160 ($1.95) and gave the company an “underperform” rating in a report on Monday, March 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of GBX 480 ($5.85).

Aston Martin Lagonda Global Price Performance

The company has a 50 day moving average price of GBX 189.58 and a 200 day moving average price of GBX 177.36. The company has a market capitalization of £1.71 billion, a P/E ratio of -121.39, a P/E/G ratio of 0.03 and a beta of 2.14. The company has a current ratio of 1.08, a quick ratio of 0.71 and a debt-to-equity ratio of 169.70.

Insider Buying and Selling

In other news, insider Nigel Boardman bought 11,976 shares of the company’s stock in a transaction on Thursday, March 2nd. The stock was purchased at an average cost of GBX 220 ($2.68) per share, for a total transaction of £26,347.20 ($32,111.15). 40.03% of the stock is owned by corporate insiders.

About Aston Martin Lagonda Global

(Get Rating)

Aston Martin Lagonda Global Holdings plc designs, develops, manufactures, markets, and sells luxury sports cars under the Aston Martin and Lagonda brand names worldwide. It also engages in the sale of parts; sale of vehicles; servicing of vehicles; and brand and motorsport activities. The company sells its vehicles through a network of dealers.