Aston Martin Lagonda Global (OTCMKTS:ARGGY) Shares Gap Down – Time to Sell?

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $0.8480, but opened at $0.79. Aston Martin Lagonda Global shares last traded at $0.7879, with a volume of 11,947 shares traded.

Analysts Set New Price Targets

A number of analysts have recently weighed in on ARGGY shares. The Goldman Sachs Group began coverage on shares of Aston Martin Lagonda Global in a report on Sunday, November 23rd. They issued a “hold” rating on the stock. HSBC restated a “hold” rating on shares of Aston Martin Lagonda Global in a research report on Tuesday, January 13th. Five analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Aston Martin Lagonda Global Stock Down 6.2%

The company’s 50 day moving average is $0.83 and its 200 day moving average is $0.88.

Aston Martin Lagonda Global Company Profile

Aston Martin Lagonda Global plc is the holding company for Aston Martin Lagonda, a British manufacturer specializing in luxury performance automobiles. The company designs, engineers and assembles a portfolio of high-end sports cars, grand tourers and luxury SUVs. Its product range includes long-standing model lines such as the DB series and Vantage, as well as the DBX SUV, and a limited number of flagship hypercars including the Valkyrie and Valhalla. Under its Lagonda marque, the company is also developing all-electric luxury vehicles aimed at the ultra-premium segment.

Manufacturing and R&D are centered at its headquarters in Gaydon, Warwickshire, England, where the company integrates bespoke craftsmanship with advanced technologies.