Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Up - Here's Why

Key Points

• Aston Martin Lagonda Global Holdings' shares gapped up, opening at $1.08, after closing at $1.03, with a last traded price at $1.07.
• Zacks Research upgraded the stock to a "hold" rating, aligning with the consensus rating among analysts.
• The company is primarily involved in the design, development, and marketing of luxury sports cars, alongside vehicle servicing and brand licensing activities.

Shares of Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $1.03, but opened at $1.08. Aston Martin Lagonda Global shares last traded at $1.07, with a volume of 80,466 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Aston Martin Lagonda Global to a "hold" rating in a research report on Monday, August 11th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Aston Martin Lagonda Global Stock Performance

The company has a 50-day simple moving average of $0.99 and a two-hundred day simple moving average of $0.99.

About Aston Martin Lagonda Global

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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