AO World (LON:AO) Shares Cross Above 50-Day Moving Average - Here's What Happened

AO World plc (LON:AO - Get Free Report)'s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 101.12 ($1.28) and traded as high as GBX 102 ($1.29). AO World shares last traded at GBX 100.40 ($1.27), with a volume of 52,892 shares changing hands.

AO World Stock Performance

The company has a quick ratio of 0.48, a current ratio of 0.95 and a debt-to-equity ratio of 43.05. The company has a market capitalization of £592.00 million, a PE ratio of 23.21, a PEG ratio of -2.13 and a beta of 1.06. The stock's fifty day simple moving average is GBX 100.97 and its 200-day simple moving average is GBX 106.34.

AO World (LON:AO - Get Free Report) last issued its earnings results on Tuesday, November 26th. The company reported GBX 1.94 ($0.02) earnings per share (EPS) for the quarter. AO World had a net margin of 2.48% and a return on equity of 18.96%. On average, research analysts predict that AO World plc will post 4.8263419 earnings per share for the current fiscal year.

AO World Company Profile

AO World plc, together with its subsidiaries, engages in the online retailing of domestic appliances the United Kingdom and Germany. It retails fridge and freezers; laundry products; dishwashers; and audiovisual equipment, as well as computing, mobile, gaming, and smart home technology products. The company provides logistics and transport services.