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

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

Specifically, insider Nigel Boardman acquired 43,639 shares of the business’s stock in a transaction that occurred on Tuesday, May 6th. The shares were acquired at an average cost of GBX 68 ($0.90) per share, with a total value of £29,674.52 ($39,476.55).

Analysts Set New Price Targets

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

Aston Martin Lagonda Global Stock Up 0.8 %

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

Aston Martin Lagonda Global (LON:AML) last posted its quarterly earnings data on Wednesday, April 30th. The company reported GBX 44.90 ($0.60) earnings per share for the quarter. Aston Martin Lagonda Global had a negative return on equity of 48.19% and a negative net margin of 21.42%. As a group, equities research analysts forecast that Aston Martin Lagonda Global Holdings plc will post 3.0755403 EPS for the current 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.