AO World plc (LON:AO - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 109.79 ($1.44) and traded as low as GBX 106.20 ($1.39). AO World shares last traded at GBX 108.80 ($1.42), with a volume of 112,017 shares.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 120 ($1.57) price target on shares of AO World in a research note on Thursday, June 27th. Jefferies Financial Group increased their price objective on AO World from GBX 125 ($1.64) to GBX 150 ($1.96) and gave the stock a "buy" rating in a research report on Thursday, June 27th.
Read Our Latest Analysis on AO
AO World Trading Down 0.6 %
The company has a quick ratio of 0.48, a current ratio of 0.96 and a debt-to-equity ratio of 51.45. The firm has a market cap of £627.04 million, a price-to-earnings ratio of 2,705.00, a price-to-earnings-growth ratio of -2.13 and a beta of 1.06. The business has a 50 day moving average of GBX 111.08 and a 200 day moving average of GBX 109.77.
Insiders Place Their Bets
In other AO World news, insider Chris Hopkinson sold 2,000,000 shares of the firm's stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of GBX 117 ($1.53), for a total value of £2,340,000 ($3,062,426.38). 47.09% of the stock is owned by corporate insiders.
About AO World
(
Get Free Report)
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.
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