Aston Martin Lagonda Global (LON:AML) Trading Up 13.9% - Here's What Happened

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report)'s stock price rose 13.9% on Friday . The stock traded as high as GBX 80.20 ($1.07) and last traded at GBX 79.70 ($1.06). Approximately 6,610,287 shares were traded during mid-day trading, an increase of 28% from the average daily volume of 5,152,288 shares. The stock had previously closed at GBX 70 ($0.93).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reissued a "neutral" rating and issued a GBX 160 ($2.13) price target on shares of Aston Martin Lagonda Global in a research report on Wednesday, February 19th.

Aston Martin Lagonda Global Trading Down 0.6%

The firm's 50-day moving average is GBX 70.68 and its 200-day moving average is GBX 94.57. 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 £785.16 million, a price-to-earnings ratio of -1.67, a P/E/G ratio of 0.03 and a beta of 2.00.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported GBX 44.90 ($0.60) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative net margin of 21.42% and a negative return on equity of 48.19%. As a group, sell-side analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Cyrus Jilla purchased 113,000 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were bought at an average cost of GBX 70 ($0.93) per share, with a total value of £79,100 ($105,270.16). Also, insider Nigel Boardman purchased 43,639 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The stock was bought at an average cost of GBX 68 ($0.90) per share, for a total transaction of £29,674.52 ($39,492.31). Insiders own 55.55% of the company's stock.

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.