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

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $0.5650, but opened at $0.59. Aston Martin Lagonda Global shares last traded at $0.56, with a volume of 94,484 shares traded.

Analysts Set New Price Targets

A number of brokerages have weighed in on ARGGY. The Goldman Sachs Group assumed coverage on Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They issued a “hold” rating for the company. HSBC reissued a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a report on Monday, February 23rd. Five analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Aston Martin Lagonda Global Stock Performance

The firm has a 50 day moving average of $0.79 and a two-hundred day moving average of $0.85.

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.