AO World (LON:AO) Shares Cross Below 200 Day Moving Average – Time to Sell?

AO World plc (LON:AO)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 100.25 and traded as low as GBX 84.53. AO World shares last traded at GBX 87, with a volume of 231,769 shares.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 155 price target on shares of AO World in a report on Friday, April 10th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 132.33.

AO World Stock Performance

The firm has a market capitalization of £516.40 million, a PE ratio of 20.25, a P/E/G ratio of -2.13 and a beta of 1.20. The company has a debt-to-equity ratio of 41.38, a current ratio of 1.02 and a quick ratio of 0.48. The company’s fifty day simple moving average is GBX 89.31 and its 200 day simple moving average is GBX 100.04.

Insider Buying and Selling

In other AO World news, insider John Roberts sold 5,359,056 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of GBX 90, for a total transaction of £4,823,150.40. 47.09% of the stock is currently owned by company insiders.

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. In addition, it engages in the investment activities; and waste electrical and electronic equipment (WEEE) recycling activities. The company sells its products through its websites, marketplaces, and third-party websites.