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

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) shares gapped up prior to trading on Friday . The stock had previously closed at $0.6321, but opened at $0.6966. Aston Martin Lagonda Global shares last traded at $0.6778, with a volume of 4,308 shares changing hands.

Analyst Upgrades and Downgrades

ARGGY has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Thursday. Sanford C. Bernstein downgraded shares of Aston Martin Lagonda Global from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. Five investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Aston Martin Lagonda Global Trading Up 0.5%

The firm’s 50-day moving average price is $0.56 and its 200 day moving average price is $0.72.

Aston Martin Lagonda Global Company Profile

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.