Aston Martin Lagonda Global (OTCMKTS:ARGGY) Sees Strong Trading Volume – Here’s What Happened

Shares of Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) saw unusually-high trading volume on Wednesday . Approximately 33,275 shares traded hands during mid-day trading, an increase of 21% from the previous session’s volume of 27,489 shares.The stock last traded at $0.74 and had previously closed at $0.7633.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. The Goldman Sachs Group started coverage on Aston Martin Lagonda Global in a report on Sunday, November 23rd. They set a “hold” rating for the company. HSBC reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Monday. Five equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Aston Martin Lagonda Global currently has an average rating of “Hold”.

Aston Martin Lagonda Global Trading Down 2.3%

The company has a 50-day moving average price of $0.82 and a two-hundred day moving average price of $0.87.

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.