Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Up - What's Next?

Key Points

• Aston Martin Lagonda Global's share price increased from $1.05 to $1.10 before trading resumed on Monday, closing at $1.09.
• Zacks Research has upgraded the company to a "hold" rating, aligning with the consensus rating that reflects cautious optimism from analysts.
• The company's current fifty-day and 200-day moving averages stand at $0.99, indicating recent positive momentum in its stock performance.

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $1.05, but opened at $1.10. Aston Martin Lagonda Global shares last traded at $1.09, with a volume of 2,238 shares trading hands.

Analyst Upgrades and Downgrades

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

Aston Martin Lagonda Global Stock Up 2.5%

The company has a fifty day moving average of $0.99 and a 200-day moving average of $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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.