Aston Martin Lagonda Global (OTCMKTS:ARGGY) Sees Strong Trading Volume – Here’s What Happened

Aston Martin Lagonda Global Holdings plc. (OTCMKTS:ARGGY) shares saw strong trading volume on Thursday . 76,943 shares changed hands during trading, an increase of 38% from the previous session’s volume of 55,907 shares.The stock last traded at $0.5552 and had previously closed at $0.5825.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group started coverage on shares of Aston Martin Lagonda Global in a research report on Sunday, November 23rd. They set a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aston Martin Lagonda Global in a report on Monday, February 23rd. HSBC reaffirmed a “hold” rating on shares of Aston Martin Lagonda Global in a research note on Tuesday, January 13th. Finally, Sanford C. Bernstein lowered shares of Aston Martin Lagonda Global from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Six analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Aston Martin Lagonda Global Trading Down 5.3%

The company has a fifty day moving average price of $0.77 and a 200 day moving average price of $0.84.

About Aston Martin Lagonda Global

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.