Shares of Aston Martin Lagonda Global Holdings plc (LON:AML – Get Free Report) were up 6.5% on Wednesday . The stock traded as high as GBX 169 ($2.19) and last traded at GBX 159.70 ($2.07). Approximately 5,025,027 shares traded hands during mid-day trading, an increase of 241% from the average daily volume of 1,472,201 shares. The stock had previously closed at GBX 150 ($1.94).
Analyst Upgrades and Downgrades
Separately, JPMorgan Chase & Co. dropped their price objective on shares of Aston Martin Lagonda Global from GBX 260 ($3.36) to GBX 225 ($2.91) and set a “neutral” rating for the company in a research report on Thursday, May 2nd.
Read Our Latest Stock Report on Aston Martin Lagonda Global
Aston Martin Lagonda Global Stock Up 6.5 %
Insiders Place Their Bets
In other Aston Martin Lagonda Global news, insider Nigel Boardman bought 36,607 shares of the stock in a transaction on Thursday, May 2nd. The stock was purchased at an average price of GBX 136 ($1.76) per share, with a total value of £49,785.52 ($64,388.93). Company insiders own 55.51% of the company’s stock.
Aston Martin Lagonda Global Company Profile
Aston Martin Lagonda Global Holdings plc engages in the design, development, manufacture, and marketing of luxury sports cars worldwide. It also engages in the sale of parts; sale of vehicles; servicing and restoration of vehicles; and brand licensing and motorsport activities. The company sells its vehicles through a network of dealers.
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