Aston Martin Lagonda Global (LON:AML) Stock Price Down 12.6% – Time to Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML) shares were down 12.6% on Friday . The company traded as low as GBX 58.50 ($0.78) and last traded at GBX 58.55 ($0.78). Approximately 9,364,873 shares changed hands during mid-day trading, an increase of 181% from the average daily volume of 3,334,297 shares. The stock had previously closed at GBX 67 ($0.89).

Analysts Set New Price Targets

A number of research analysts have weighed in on AML shares. JPMorgan Chase & Co. cut their price target on shares of Aston Martin Lagonda Global from GBX 75 to GBX 62 and set a “neutral” rating on the stock in a research note on Tuesday, October 7th. Citigroup cut their price target on shares of Aston Martin Lagonda Global from GBX 96 to GBX 75 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Aston Martin Lagonda Global from GBX 90 to GBX 85 and set a “hold” rating on the stock in a research note on Monday, October 6th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 74.

Aston Martin Lagonda Global Stock Up 2.5%

The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38. The company has a market capitalization of £607.36 million, a price-to-earnings ratio of -205.53, a P/E/G ratio of 0.03 and a beta of 2.00. The stock’s fifty day moving average price is GBX 75.26 and its 200-day moving average price is GBX 75.40.

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings data on Wednesday, July 30th. The company reported GBX (14.60) earnings per share (EPS) 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, sell-side analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current fiscal 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.