Aston Martin Lagonda Global (LON:AML) Shares Up 13.9% Following Insider Buying Activity

Aston Martin Lagonda Global Holdings plc (LON:AML)’s stock price rose 13.9% during mid-day trading on Thursday following insider buying activity. The company traded as high as GBX 80.20 ($1.07) and last traded at GBX 79.70 ($1.06). Approximately 6,610,287 shares were traded during trading, an increase of 28% from the average daily volume of 5,152,288 shares. The stock had previously closed at GBX 70 ($0.93).

Specifically, insider Nigel Boardman bought 43,639 shares of the stock in a transaction that occurred on Tuesday, May 6th. The stock was purchased at an average cost of GBX 68 ($0.90) per share, for a total transaction of £29,674.52 ($39,476.55).

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 160 ($2.13) price target on shares of Aston Martin Lagonda Global in a research note on Wednesday, February 19th.

Aston Martin Lagonda Global Stock Performance

The stock has a market cap of £756.43 million, a PE ratio of -1.61, a P/E/G ratio of 0.03 and a beta of 2.00. The company has a debt-to-equity ratio of 179.38, a current ratio of 0.88 and a quick ratio of 0.71. The stock has a 50-day simple moving average of GBX 70.86 and a 200-day simple moving average of GBX 95.05.

Aston Martin Lagonda Global (LON:AML) last issued its earnings results on Wednesday, April 30th. The company reported GBX 44.90 ($0.60) earnings per share (EPS) for the quarter. Aston Martin Lagonda Global had a negative return on equity of 48.19% and a negative net margin of 21.42%. Equities analysts predict that Aston Martin Lagonda Global Holdings plc will post 3.0755403 earnings per share 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.