Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Up – Still a Buy?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $0.47, but opened at $0.5006. Aston Martin Lagonda Global shares last traded at $0.5006, with a volume of 253 shares traded.

Analyst Ratings Changes

A number of research firms have issued reports on ARGGY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Thursday, May 14th. Citigroup restated a “neutral” rating on shares of Aston Martin Lagonda Global in a research note on Friday, May 15th. Six research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Aston Martin Lagonda Global Trading Down 2.5%

The firm has a fifty day simple moving average of $0.54 and a 200 day simple moving average of $0.62.

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.