Aston Martin Lagonda Global (LON:AML) Shares Up 6.5%

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML) 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.

Aston Martin Lagonda Global Stock Up 6.5 %

The business’s fifty day simple moving average is GBX 147.94 and its 200 day simple moving average is GBX 161.66. The company has a current ratio of 1.00, a quick ratio of 0.71 and a debt-to-equity ratio of 130.72. The stock has a market cap of £1.32 billion, a price-to-earnings ratio of -432.77, a price-to-earnings-growth ratio of 0.03 and a beta of 2.07.

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.