Aston Martin Lagonda Global (LON:AML) Shares Up 13.9% After Insider Buying Activity

Aston Martin Lagonda Global Holdings plc (LON:AML) shares were up 13.9% during trading on Thursday after an insider bought additional shares in the company. The company traded as high as GBX 80.20 ($1.06) and last traded at GBX 79.70 ($1.06). Approximately 6,610,287 shares were traded during trading, an increase of 28% from the average daily volume of 5,152,288 shares. The stock had previously closed at GBX 70 ($0.93).

Specifically, insider Nigel Boardman purchased 43,639 shares of the business’s stock in a transaction on Tuesday, May 6th. The stock was purchased at an average price of GBX 68 ($0.90) per share, for a total transaction of £29,674.52 ($39,314.41).

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 160 ($2.12) 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’s 50-day simple moving average is GBX 70.87 and its 200-day simple moving average is GBX 95.21. The stock has a market cap of £750.77 million, a price-to-earnings ratio of -1.60, 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.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings data on Wednesday, April 30th. The company reported GBX 44.90 ($0.59) 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%. Analysts forecast 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.