Aston Martin Lagonda Global (LON:AML) Stock Price Passes Above Two Hundred Day Moving Average - What's Next?

Key Points

• Aston Martin Lagonda Global's stock price crossed above its 200-day moving average, indicating a potential bullish trend in the market.
• Analysts have mixed opinions, with JPMorgan lowering their price target to GBX 75 while Deutsche Bank maintains a target of GBX 95, resulting in an average rating of "Hold."
• The company reported negative earnings per share of GBX (14.60) and has concerns regarding its debt-to-equity ratio of 179.38, highlighting financial instability.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 79.43 ($1.06) and traded as high as GBX 79.50 ($1.06). Aston Martin Lagonda Global shares last traded at GBX 77.71 ($1.04), with a volume of 707,805 shares traded.

Analyst Upgrades and Downgrades

AML has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lowered their price target on Aston Martin Lagonda Global from GBX 90 to GBX 75 and set a "neutral" rating on the stock in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 95 target price on shares of Aston Martin Lagonda Global in a research note on Thursday, July 31st. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of GBX 85.

Aston Martin Lagonda Global Stock Down 2.5%

The company has a current ratio of 0.88, a quick ratio of 0.71 and a debt-to-equity ratio of 179.38. The firm has a market cap of £726.99 million, a price-to-earnings ratio of -246.30, a PEG ratio of 0.03 and a beta of 2.00. The firm has a 50-day moving average of GBX 77.22 and a two-hundred day moving average of GBX 78.12.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported GBX (14.60) earnings per share 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, sell-side analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current fiscal 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.