4 18 aston martin lagonda global holdings plc stock price forecast for 2021. The company ran up huge debts.
That can negatively affect the share price.
Aston martin lagonda share price rise. Aston martin lagonda global holdings plc aml l s stock was trading at gbx 219 10 on march 11th 2020 when covid 19 reached pandemic status according to the world health organization who. Aston martin fired its previous chief executive officer andy palmer in may and appointed tobias moers an executive from mercedes benz to turn the company around. Like the majority of companies in 2020 aston martin lagonda global holdings saw its share price tumble amid the global covid 19 pandemic.
Aston martin lagonda global holdings plc stock price forecast for 2021. Since then aml stock has increased by 720 3 and is now trading at gbx 1 797 20. Aston martin hikes yield on 1 1 billion junk bond sale to 10 5.
The most active stock market forums in the uk. The price has since slipped back to the 70 pence level. That contributed to a 57 per cent rise in the share price from 52 15 pence before the announcement to a high of 81 65 per share on december 7.
The 1 year high share price is 10 452p while the 1 year low share price is. Aston martin lagonda glo. The new team at aston martin have indicated a back to basics.
Aston martin lagonda global holdings plc has a 4 week average price of 1 580 80p and a 12 week average price of 1 056p. Starting the year at 3 442p. Aston martin lagonda floated in 2018 with 228 million shares on the.
When looking at a possible share to buy now i always look at the dilution risk. British luxury carmaker aston martin aml l has had to increase the yield on offer on a 1 1 billion junk bond sale to 10 5 to get the deal over the line making it one of the highest yielding bond issues in europe this year. Former mercedes ceo tobias moers took charge of struggling aston martin at the start of august.