Aston Martin Lagonda Global (LON:AML) Trading Down 9.7% - Here's Why

Key Points

• Aston Martin Lagonda Global's stock has seen a significant drop of 9.7% during recent trading, closing at GBX 71.10 ($0.94).
• The company's financial metrics reveal a debt-to-equity ratio of 179.38 and a negative return on equity of 48.19%.
• Insider transactions are noteworthy, with executives purchasing a total of 355,756 shares valued at over $25 million in the last ninety days.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) shares fell 9.7% 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 Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated 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 Trading Down 4.3%

The company has a quick ratio of 0.71, a current ratio of 0.88 and a debt-to-equity ratio of 179.38. The firm has a market capitalization of £631.61 million, a P/E ratio of -1.35, a price-to-earnings-growth ratio of 0.03 and a beta of 2.00. The firm's 50-day simple moving average is GBX 80.95 and its 200-day simple moving average is GBX 83.65.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported GBX (14.60) (($0.19)) earnings per share (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%. Analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current year.

Insider Activity

In other Aston Martin Lagonda Global news, insider Nigel Boardman purchased 43,639 shares of the firm's stock in a transaction on Tuesday, May 6th. The shares were purchased at an average cost of GBX 68 ($0.90) per share, with a total value of £29,674.52 ($39,387.47). Also, insider Cyrus Jilla acquired 113,000 shares of the stock in a transaction dated Friday, May 9th. The stock was acquired at an average price of GBX 70 ($0.93) per share, with a total value of £79,100 ($104,990.71). In the last three months, insiders have bought 355,756 shares of company stock worth $25,811,227. 55.55% of the stock is currently 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.