Aston Martin Lagonda Global (LON:AML) Stock Price Breaks Above 200-Day Moving Average - Should You Sell?

Key Points

• Aston Martin Lagonda shares briefly moved above their 200-day moving average, reaching GBX 40 before closing at GBX 37.74, up from a 50-day average of GBX 34.81.
• Analysts remain cautious, with all four covering the stock rating it “Hold”. Recent target-price cuts put estimates around GBX 40–41, below the consensus target of GBX 44.75.
• The company continues to face significant financial challenges, including a quarterly loss of GBX 15.20 per share, a negative 36.66% net margin, and debt-to-equity of 893.66.

Aston Martin Lagonda Global Holdings plc (LON:AML - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 38.70 and traded as high as GBX 40. Aston Martin Lagonda Global shares last traded at GBX 37.74, with a volume of 1,218,499 shares changing hands.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Citigroup dropped their target price on Aston Martin Lagonda Global from GBX 55 to GBX 40 and set a "neutral" rating on the stock in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft decreased their price target on Aston Martin Lagonda Global from GBX 45 to GBX 40 and set a "hold" rating for the company in a research note on Thursday, July 30th. Finally, Jefferies Financial Group reiterated a "hold" rating and issued a GBX 41 target price on shares of Aston Martin Lagonda Global in a research note on Thursday, July 30th. Four research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of GBX 44.75.

Aston Martin Lagonda Global Stock Down 0.4%

The company has a market cap of £383.03 million, a price-to-earnings ratio of -0.76, a PEG ratio of 0.03 and a beta of 1.94. The company has a current ratio of 0.93, a quick ratio of 0.71 and a debt-to-equity ratio of 893.66. The business has a fifty day moving average of GBX 34.81 and a two-hundred day moving average of GBX 38.70.

Aston Martin Lagonda Global (LON:AML - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported GBX (15.20) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative net margin of 36.66% and a negative return on equity of 166.57%. As a group, equities analysts anticipate that Aston Martin Lagonda Global Holdings plc will post 3.08 EPS for the current fiscal year.

Aston Martin Lagonda Global Company Profile

Aston Martin's vision is to be the world's most desirable, ultra-luxury British brand, creating the most exquisitely addictive performance cars. Founded in 1913 by Lionel Martin and Robert Bamford, Aston Martin is acknowledged as an iconic global brand synonymous with style, luxury, performance, and exclusivity. Aston Martin fuses the latest technology, time honoured craftsmanship and beautiful styling to produce a range of critically acclaimed luxury models including the Vantage, DB12, Vanquish, DBX and its first mid-engined plug-in hybrid, Valhalla.

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