Aston Martin Lagonda Global (LON:AML) Reaches New 52-Week Low – Here’s What Happened

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 35.50 and last traded at GBX 36, with a volume of 31938754 shares trading hands. The stock had previously closed at GBX 37.30.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AML shares. Citigroup boosted their price objective on shares of Aston Martin Lagonda Global from GBX 45 to GBX 55 and gave the stock a “neutral” rating in a report on Friday, May 15th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 50 price objective on shares of Aston Martin Lagonda Global in a research report on Wednesday, May 20th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 62.

Aston Martin Lagonda Global Trading Down 3.5%

The company has a market capitalization of £364.57 million, a P/E ratio of -0.75, a PEG ratio of 0.03 and a beta of 1.98. The company has a debt-to-equity ratio of 528.42, a quick ratio of 0.71 and a current ratio of 1.02. The stock has a fifty day moving average of GBX 42.79 and a 200 day moving average of GBX 49.07.

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. 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.