Aston Martin Lagonda Global (LON:AML) Stock Price Down 12% – Time to Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML) fell 12% during trading on Wednesday . The stock traded as low as GBX 93.50 ($1.19) and last traded at GBX 97 ($1.23). 18,402,646 shares were traded during trading, an increase of 418% from the average session volume of 3,555,313 shares. The stock had previously closed at GBX 110.20 ($1.40).

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 160 ($2.03) price objective on shares of Aston Martin Lagonda Global in a report on Wednesday, February 19th.

Aston Martin Lagonda Global Trading Down 12.0 %

The stock has a market cap of £913.74 million, a PE ratio of -1.95, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The company has a debt-to-equity ratio of 179.38, a quick ratio of 0.71 and a current ratio of 0.88. The company’s 50-day moving average price is GBX 108.02 and its 200 day moving average price is GBX 119.96.

Insider Buying and Selling

In related news, insider Michael de Picciotto acquired 1,714,340 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were purchased at an average cost of GBX 100 ($1.27) per share, for a total transaction of £1,714,340 ($2,172,801.01). Corporate insiders own 55.55% of the company’s stock.

About Aston Martin Lagonda Global

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.