A Piece Of The Puzzle Missing From Aston Martin Lagonda Global Holdings plc’s (LON:AML) 33% Share Price Climb
Aston Martin Lagonda Global Holdings plc (LON:AML) shareholders are no doubt pleased to see that the share price has bounced 33% in the last month, although it is still struggling to make up recently lost ground. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 41% over that time.
In spite of the firm bounce in price, it’s still not a stretch to say that Aston Martin Lagonda Global Holdings’ price-to-sales (or “P/S”) ratio of 0.5x right now seems quite “middle-of-the-road” compared to the Auto industry in the United Kingdom, where the median P/S ratio is around 0.3x. However, investors might be overlooking a clear opportunity or potential setback if there is no…
