Aston Martin Lagonda Global (LON:AML) Experiences 14.3% Surge - Here's Why

Aston Martin Lagonda Global Holdings plc (LON:AML) saw its shares rise by 14.3% on Wednesday. The stock peaked at GBX 87.45 ($1.13) and was last observed at GBX 86 ($1.11). During mid-day trading, about 4,065,358 shares changed hands, which was stable compared to the average daily volume of 4,049,434 shares. Previously, the stock had closed at GBX 75.25 ($0.97).

Analyst Ratings

In related news, JPMorgan Chase & Co. reaffirmed a "neutral" rating for Aston Martin Lagonda Global and set a price target of GBX 160 ($2.06) in a report released on February 19th.

Aston Martin Lagonda Global Stock Performance

The company has a 50-day moving average of GBX 105.73 and a 200-day moving average of GBX 117.86. Aston Martin's market capitalization stands at £813.42 million, with a price-to-earnings (PE) ratio of -1.73 and a price-to-earnings growth (PEG) ratio of 0.03. The firm's beta is rated at 2.00, indicating higher volatility compared to the market. Its debt-to-equity ratio is notably high at 179.38, with a quick ratio of 0.71 and a current ratio of 0.88.

Aston Martin Lagonda Global last reported its quarterly earnings on February 26th, where it disclosed earnings per share (EPS) of GBX (34.80) (($0.45)). The company has been facing challenges, with a negative return on equity of 48.19% and a net margin of -21.42%. Analysts forecast Aston Martin Lagonda Global Holdings plc will achieve an EPS of approximately 3.08 for the current year.

About Aston Martin Lagonda Global

Aston Martin's ambition is to be recognized as the world's most desirable ultra-luxury British brand, renowned for producing highly coveted performance cars. Established in 1913 by Lionel Martin and Robert Bamford, Aston Martin has become an iconic name associated with elegance, luxury, performance, and exclusivity.

Investing Insights

Before considering an investment in Aston Martin Lagonda Global, it may be wise to assess other options. MarketBeat tracks high-performing analysts and their stock recommendations. Currently, analysts have rated Aston Martin Lagonda Global as a "Hold," but they believe there are better investments available. Potential investors should review other top-rated stocks recommended by experts to make informed decisions.

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