Aston Martin Lagonda Global (LON:AML) Shares Cross Below 200-Day Moving Average – Should You Sell?

Aston Martin Lagonda Global Holdings plc (LON:AML) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 49.07 and traded as low as GBX 37.30. Aston Martin Lagonda Global shares last traded at GBX 38.17, with a volume of 1,914,165 shares changing hands.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Jefferies Financial Group reiterated a “hold” rating and set a GBX 50 price target on shares of Aston Martin Lagonda Global in a report on Wednesday, May 20th. Citigroup boosted their target price on Aston Martin Lagonda Global from GBX 45 to GBX 55 and gave the company a “neutral” rating in a research report on Friday, May 15th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 62.

Aston Martin Lagonda Global Stock Performance

The firm has a market cap of £382.15 million, a PE ratio of -0.79, a price-to-earnings-growth ratio of 0.03 and a beta of 1.98. The business has a 50 day simple moving average of GBX 42.79 and a two-hundred day simple moving average of GBX 49.07. The company has a quick ratio of 0.71, a current ratio of 1.02 and a debt-to-equity ratio of 528.42.

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.