Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Up - Should You Buy?

Key Points

• Aston Martin Lagonda Global Holdings plc (OTCMKTS:ARGGY) shares gapped up from a previous close of $0.80 to open at $0.84 before last trading at $0.82.
• Research analysts have given Aston Martin a consensus rating of "Hold", with three analysts reaffirming this stance in recent reports.
• The company's stock has a 50-day moving average of $0.98 and a 200-day moving average of $0.99, indicating potential resistance levels.

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $0.80, but opened at $0.84. Aston Martin Lagonda Global shares last traded at $0.82, with a volume of 16,113 shares traded.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Zacks Research upgraded shares of Aston Martin Lagonda Global to a "hold" rating in a report on Monday, August 11th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Aston Martin Lagonda Global in a report on Wednesday, October 1st. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Aston Martin Lagonda Global has a consensus rating of "Hold".

Aston Martin Lagonda Global Stock Performance

The stock'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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