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

Key Points

• Aston Martin Lagonda Global's share price fell by 9.7%, trading as low as GBX 71.10 ($0.94), significantly increasing trading volume to 5,260,451 shares, a 36% rise from its average.
• 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 net margin of 21.42%.
• Insiders have been active in purchasing shares, with 355,756 shares acquired over three months, highlighting the confidence of insiders in the company's future performance.

Shares of Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) traded down 9.7% during mid-day trading on Wednesday . 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).

Analyst Ratings Changes

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

Aston Martin Lagonda Global Stock Performance

The company's fifty day moving average price is GBX 80.79 and its two-hundred day moving average price is GBX 83.28. 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 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)) 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 expect that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share for the current year.

Insider Transactions at Aston Martin Lagonda Global

In other news, insider Cyrus Jilla bought 113,000 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were acquired at an average cost of GBX 70 ($0.93) per share, with a total value of £79,100 ($104,990.71). Also, insider Nigel Boardman bought 43,639 shares of Aston Martin Lagonda Global stock in a transaction that occurred on Tuesday, May 6th. The stock was purchased at an average price of GBX 68 ($0.90) per share, for a total transaction of £29,674.52 ($39,387.47). Insiders bought a total of 355,756 shares of company stock worth $25,811,227 in the last ninety days. 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.