Aston Martin Lagonda Global (LON:AML) Reaches New 52-Week Low – Here’s Why

Aston Martin Lagonda Global Holdings plc (LON:AML) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 33.04 and last traded at GBX 36.06, with a volume of 8209511 shares changing hands. The stock had previously closed at GBX 34.28.

Analyst Ratings Changes

Several research firms have issued reports on AML. Citigroup cut their target price on Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a “neutral” rating on the stock in a research note on Monday, August 3rd. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 41 price target on shares of Aston Martin Lagonda Global in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a “hold” rating for the company in a research note on Thursday, July 30th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat, Aston Martin Lagonda Global presently has an average rating of “Hold” and a consensus target price of GBX 44.75.

Aston Martin Lagonda Global Stock Up 5.2%

The firm has a 50-day moving average of GBX 37.20 and a two-hundred day moving average of GBX 43.34. The company has a quick ratio of 0.71, a current ratio of 0.93 and a debt-to-equity ratio of 893.66. The company has a market capitalization of £365.98 million, a PE ratio of -0.72, a price-to-earnings-growth ratio of 0.03 and a beta of 1.97.

Aston Martin Lagonda Global (LON:AML) last issued its quarterly earnings data on Wednesday, July 29th. The company reported GBX (15.20) EPS for the quarter. Aston Martin Lagonda Global had a negative return on equity of 166.57% and a negative net margin of 36.66%. Equities research analysts predict 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. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.