Aston Martin Lagonda Global (LON:AML) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Aston Martin Lagonda Global's stock price recently crossed above its 200-day moving average, trading at GBX 79.50 ($1.07) with a peak of GBX 81 ($1.09).
• Analysts at JPMorgan Chase & Co. have cut their target price from GBX 90 to GBX 75, while Deutsche Bank reaffirmed a hold rating with a price target of GBX 95; the consensus rating for the stock remains "Hold".
• The company reported a negative EPS of GBX (14.60), and has a market capitalization of £815.45 million alongside a debt-to-equity ratio of 179.38.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 75.58 ($1.02) and traded as high as GBX 81 ($1.09). Aston Martin Lagonda Global shares last traded at GBX 79.50 ($1.07), with a volume of 634,736 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. cut their target price on shares of Aston Martin Lagonda Global from GBX 90 to GBX 75 and set a "neutral" rating for the company in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 95 price target on shares of Aston Martin Lagonda Global in a report on Thursday, July 31st. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of GBX 85.

Aston Martin Lagonda Global Stock Performance

The stock has a market capitalization of £815.45 million, a P/E ratio of -276.27, a PEG 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 fifty day simple moving average is GBX 75.48 and its two-hundred day simple moving average is GBX 75.58.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported GBX (14.60) 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%. As a group, equities analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current year.

Aston Martin Lagonda Global Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.