Aston Martin: Ongoing Weak Performance Is A Concern

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Summary

  • Aston Martin has lost 96% of its value since listing in 2018, leading to a "sell" rating.
  • Company's debt continues to increase, with high servicing costs and weak business performance in 2024.
  • Despite recent launches and plans for new models, shares still appear overvalued based on current financial performance.

Aston Martin Valkyrie

simonbradfield/iStock Unreleased via Getty Images

High performance carmaker Aston Martin (OTCPK:AMGDF) has been a weak performing share, losing 96% of its value since listing in 2018.

I downgraded it to “sell” in my March note Aston Martin: I'd Buy The

This article was written by

2K Followers
I am a private investor based in the United Kingdom and most interested in equities in the U.K., U.S., Canada and Norway.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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