Aston Martin Lagonda Global (LON:AML) Trading Down 9.7% - What's Next?

Key Points

• Aston Martin Lagonda Global shares fell by 9.7% during trading, closing at GBX 71.10 ($0.94) after a significant volume increase of 36% from the average daily trading.
• The company reported a negative earnings per share (EPS) of GBX (14.60) and has a debt-to-equity ratio of 179.38, indicating financial challenges.
• Insider buying has increased, with over 355,756 shares acquired worth approximately $25.8 million in the last ninety days, suggesting confidence from company insiders.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) shares traded down 9.7% during mid-day trading on Thursday . The company traded as low as GBX 71.10 ($0.94) and last traded at GBX 71.10 ($0.94). 5,260,451 shares traded hands during mid-day 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).

Analysts Set New Price Targets

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

Aston Martin Lagonda Global Stock Performance

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 has a market cap of £631.61 million, a PE ratio of -1.35, a PEG ratio of 0.03 and a beta of 2.00. The business's 50-day moving average is GBX 80.79 and its 200 day moving average is GBX 83.42.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last posted 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 net margin of 21.42% and a negative return on equity of 48.19%. On average, equities research analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current fiscal year.

Insider Buying and Selling

In other Aston Martin Lagonda Global news, insider Adrian Hallmark bought 199,117 shares of Aston Martin Lagonda Global stock in a transaction dated Friday, May 23rd. The shares were purchased at an average cost of GBX 75 ($1.00) per share, with a total value of £149,337.75 ($198,218.41). Also, insider Cyrus Jilla purchased 113,000 shares of the company's stock in a transaction that occurred on Friday, May 9th. The stock was acquired at an average cost of GBX 70 ($0.93) per share, with a total value of £79,100 ($104,990.71). Insiders have acquired 355,756 shares of company stock valued at $25,811,227 over the last ninety days. 55.55% of the stock is owned by insiders.

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.