Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Down - Time to Sell?

Key Points

• Aston Martin Lagonda Global's stock price gapped down from $1.10 to $1.05 prior to Friday trading, with a total volume of 10,430 shares exchanged at the opening.
• Equities analysts have issued a rating of "hold" for the stock, with three research analysts confirming this stance, indicating a cautious view on the company's performance.
• The company operates in the luxury sports car sector, focusing on design, development, and sale of vehicles, parts, and servicing through a dealer network.

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $1.10, but opened at $1.05. Aston Martin Lagonda Global shares last traded at $1.05, with a volume of 10,430 shares changing hands.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ARGGY shares. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Aston Martin Lagonda Global in a research report on Wednesday. Zacks Research raised shares of Aston Martin Lagonda Global to a "hold" rating in a research report on Monday, August 11th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of "Hold".

Aston Martin Lagonda Global Price Performance

The business's 50 day moving average price is $0.99 and its 200-day moving average price 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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