Aston Martin Lagonda Global (LON:AML) Shares Down 9.7% - Should You Sell?

Key Points

• Aston Martin Lagonda Global Holdings plc shares fell by 9.7% during mid-day trading, trading as low as GBX 71.10 ($0.94).
• The company reported a negative earnings per share of GBX (14.60) (($0.19)) for the last quarter, with a negative return on equity of 48.19% and a negative net margin of 21.42%.
• Company insiders have purchased a total of 355,756 shares of Aston Martin stock valued at over $25 million in recent months, indicating strong confidence from leadership.

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) were down 9.7% on Thursday . The stock traded as low as GBX 71.10 ($0.94) and last traded at GBX 71.10 ($0.94). 5,260,451 shares changed hands during trading, an increase of 36% from the average session volume of 3,870,671 shares. The stock had previously closed at GBX 78.75 ($1.05).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 95 ($1.26) price target on shares of Aston Martin Lagonda Global in a research note on Thursday.

Aston Martin Lagonda Global Stock Performance

The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38. The firm has a 50-day moving average price of GBX 80.79 and a 200 day moving average price of GBX 83.42. The firm has a market capitalization of £631.61 million, a PE ratio of -1.35, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported GBX (14.60) (($0.19)) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative return on equity of 48.19% and a negative net margin of 21.42%. Research analysts expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

Insider Activity

In related news, insider Adrian Hallmark acquired 199,117 shares of the firm's stock in a transaction dated Friday, May 23rd. The stock was acquired at an average price of GBX 75 ($1.00) per share, for a total transaction of £149,337.75 ($198,218.41). Also, insider Cyrus Jilla bought 113,000 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were purchased at an average price of GBX 70 ($0.93) per share, for a total transaction of £79,100 ($104,990.71). Over the last three months, insiders have purchased 355,756 shares of company stock worth $25,811,227. 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.