Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Up – Time to Buy?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) gapped up prior to trading on Wednesday . The stock had previously closed at $0.8025, but opened at $0.8499. Aston Martin Lagonda Global shares last traded at $0.8151, with a volume of 4,438 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ARGGY. Zacks Research raised Aston Martin Lagonda Global to a “hold” rating in a research report on Monday, August 11th. The Goldman Sachs Group began coverage on shares of Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They issued a “hold” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Wednesday, October 1st. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Aston Martin Lagonda Global Price Performance

The stock has a 50 day simple moving average of $0.85 and a two-hundred day simple moving average of $0.97.

About Aston Martin Lagonda Global

Aston Martin Lagonda Global Holdings plc engages in the design, development, manufacture, and marketing of luxury sports cars worldwide. It also engages in the sale of parts; sale of vehicles; servicing and restoration of vehicles; and brand licensing and motorsport activities. The company sells its vehicles through a network of dealers.