Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Up – Here’s Why

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) gapped up prior to trading on Friday . The stock had previously closed at $0.8329, but opened at $0.8924. Aston Martin Lagonda Global shares last traded at $0.8924, with a volume of 1,578 shares trading hands.

Analyst Upgrades and Downgrades

ARGGY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Aston Martin Lagonda Global in a report on Wednesday, October 1st. The Goldman Sachs Group started coverage on Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They set a “hold” rating on the stock. Four research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Down 1.6%

The business’s fifty day moving average price is $0.81 and its 200 day moving average price is $0.92.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.