Aston Martin Director Invests in Equity Placing

Aston Martin Lagonda Global Holdings plc ( (GB:AML) ) has provided an announcement.

Aston Martin Lagonda Global Holdings plc announced a transaction involving Cyrus Jilla, a non-executive director, who purchased 113,000 ordinary shares at a price of 0.70 GBP per share as part of an equity placing. This transaction, conducted on the London Stock Exchange, reflects a significant investment by a key company figure, potentially indicating confidence in the company’s future performance and strategy.

The most recent analyst rating on (GB:AML) stock is a Buy with a £1.80 price target. To see the full list of analyst forecasts on Aston Martin Lagonda Global Holdings plc stock, see the GB:AML Stock Forecast page.

Spark’s Take on GB:AML Stock

According to Spark, TipRanks’ AI Analyst, GB:AML is a Neutral.

Aston Martin’s stock score reflects ongoing financial struggles with high leverage and negative profitability heavily impacting its valuation. Despite strategic initiatives and some positive developments in corporate governance and liquidity, technical indicators and valuation metrics suggest caution. The stock remains under pressure due to bearish trends and a challenging market environment.

To see Spark’s full report on GB:AML stock, click here.

More about Aston Martin Lagonda Global Holdings plc

Aston Martin Lagonda Global Holdings plc is a renowned British manufacturer in the automotive industry, primarily known for its luxury sports cars and grand tourers. The company focuses on delivering high-performance vehicles with a blend of elegance and cutting-edge technology, catering to a global market of luxury car enthusiasts.

Average Trading Volume: 3,385,837

Technical Sentiment Signal: Sell

Current Market Cap: £799.9M

Find detailed analytics on AML stock on TipRanks’ Stock Analysis page.