Aston Martin Lagonda Global (OTCMKTS:ARGGY) Stock Price Down 5.6% - Time to Sell?

Key Points

• Aston Martin Lagonda Global Holdings plc saw its share price decrease by 5.6%, closing at $0.81, which was significantly below its previous close of $0.85.
• Trading volume dropped by 41% compared to the average daily volume, with approximately 62,775 shares exchanged.
• Analysts maintain an average rating of "Hold" for the stock, with recent affirmations from Deutsche Bank and Zacks Research.

Shares of Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report) dropped 5.6% on Tuesday . The stock traded as low as $0.80 and last traded at $0.81. Approximately 62,775 shares traded hands during trading, a decline of 41% from the average daily volume of 106,029 shares. The stock had previously closed at $0.85.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Aston Martin Lagonda Global in a research note on Wednesday, October 1st. Zacks Research raised Aston Martin Lagonda Global to a "hold" rating in a research note on Monday, August 11th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Aston Martin Lagonda Global has an average rating of "Hold".

Aston Martin Lagonda Global Stock Down 3.5%

The company has a fifty day simple moving average of $0.98 and a 200 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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