Aston Martin Lagonda Global (OTCMKTS:ARGGY) Trading 5.8% Higher - Still a Buy?

Key Points

• Aston Martin Lagonda Global Holdings shares increased by 5.8% during mid-day trading, reaching a last traded price of $1.10.
• Despite the stock's recent rise, analysts maintain a consensus rating of "Hold", with recent reports from Deutsche Bank and Zacks Research reaffirming this stance.
• The company specializes in the design and manufacture of luxury sports cars and related services, distributed through a network of dealers worldwide.

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY - Get Free Report) shares traded up 5.8% during mid-day trading on Thursday . The company traded as high as $1.11 and last traded at $1.10. 6,439 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 102,160 shares. The stock had previously closed at $1.04.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Aston Martin Lagonda Global in a report on Wednesday. Zacks Research raised Aston Martin Lagonda Global to a "hold" rating in a report on Monday, August 11th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of "Hold".

Aston Martin Lagonda Global Stock Up 6.7%

The company has a fifty day moving average price of $0.99 and a two-hundred day moving average price 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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