Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Up 0.8% - Should You Buy?

Key Points

• Aston Martin Lagonda Global Holdings shares rose by 0.8% to $0.86 during mid-day trading, despite a 44% decline in trading volume compared to average sessions.
• The stock has received a consensus "hold" rating from three investment analysts, with Zacks Research and Deutsche Bank reaffirming this rating in recent reports.
• Aston Martin engages in the design, development, and marketing of luxury sports cars, alongside servicing, restoration, and brand licensing activities.

Shares of Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report) shot up 0.8% during mid-day trading on Monday . The company traded as high as $0.86 and last traded at $0.86. 62,180 shares traded hands during trading, a decline of 44% from the average session volume of 111,263 shares. The stock had previously closed at $0.85.

Analyst Upgrades and Downgrades

ARGGY has been the subject of several research analyst reports. Zacks Research raised Aston Martin Lagonda Global to a "hold" rating in a research note on Monday, August 11th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Aston Martin Lagonda Global in a research note on Wednesday, October 1st. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of "Hold".

Aston Martin Lagonda Global Stock Up 0.8%

The firm has a 50 day moving average of $0.97 and a two-hundred day 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.

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.