Aston Martin Lagonda Global (OTCMKTS:ARGGY) Sees Large Volume Increase - Time to Buy?

Key Points

• Aston Martin Lagonda Global Holdings plc experienced a substantial increase in trading volume, with 194,364 shares changing hands, marking an 87% rise from the previous session.
• Analysts have rated Aston Martin's stock as a "Hold," with Zacks Research and Deutsche Bank reaffirming this outlook in recent notes.
• The company's stock is currently priced at $0.79, which represents an 11.3% drop from its previous closing price of $0.89.

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report) shares saw an uptick in trading volume on Thursday . 194,364 shares traded hands during mid-day trading, an increase of 87% from the previous session's volume of 104,073 shares.The stock last traded at $0.79 and had previously closed at $0.89.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Zacks Research raised shares of Aston Martin Lagonda Global to a "hold" rating in a research note on Monday, August 11th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Aston Martin Lagonda Global in a research report on Wednesday, October 1st. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of "Hold".

Aston Martin Lagonda Global Trading Down 11.3%

The firm's 50 day moving average is $0.98 and its 200 day moving average is $0.99.

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global Holdings plc engages in the design, development, manufacture, and marketing of luxury sports cars worldwide. It also engages in the sale of parts; sale of vehicles; servicing and restoration of vehicles; and brand licensing and motorsport activities. The company sells its vehicles through a network of dealers.

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