Aston Martin Lagonda Global (LON:AML) Hits New 12-Month Low – Should You Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML) reached a new 52-week low on Wednesday. The company traded as low as GBX 32 and last traded at GBX 32.56, with a volume of 5686747 shares trading hands. The stock had previously closed at GBX 32.62.

Wall Street Analysts Forecast Growth

AML has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reduced their price objective on Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a “hold” rating on the stock in a research report on Thursday, July 30th. Citigroup cut their target price on Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a “neutral” rating for the company in a research note on Monday, August 3rd. Finally, Jefferies Financial Group reiterated 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. Four equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 44.75.

Aston Martin Lagonda Global Trading Up 3.9%

The firm’s 50-day simple moving average is GBX 34.50 and its 200-day simple moving average is GBX 39.06. The firm has a market capitalization of £344.58 million, a PE ratio of -0.68, a price-to-earnings-growth ratio of 0.03 and a beta of 1.97. The company has a quick ratio of 0.71, a current ratio of 0.93 and a debt-to-equity ratio of 893.66.

Aston Martin Lagonda Global (LON:AML) last released its earnings results on Wednesday, July 29th. The company reported GBX (15.20) earnings per share for the quarter. Aston Martin Lagonda Global had a negative net margin of 36.66% and a negative return on equity of 166.57%. Equities analysts expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

Aston Martin Lagonda Global Company Profile

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.