AO World (LON:AO) Stock Price Passes Below 50-Day Moving Average – Here’s What Happened

AO World plc (LON:AO)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 95.90 and traded as low as GBX 84.60. AO World shares last traded at GBX 85.80, with a volume of 304,012 shares changing hands.

AO World Price Performance

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 firm has a market cap of £504.19 million, a PE ratio of 19.77, a price-to-earnings-growth ratio of -2.13 and a beta of 1.24. The firm has a 50-day simple moving average of GBX 95.90 and a 200 day simple moving average of GBX 101.90.

Insider Buying and Selling at AO World

In other AO World news, insider Chris Hopkinson sold 700,000 shares of the firm’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of GBX 107, for a total transaction of £749,000. Also, insider John Roberts sold 2,500,000 shares of the firm’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of GBX 105, for a total value of £2,625,000. Insiders have sold 4,200,000 shares of company stock valued at $444,400,000 in the last three months. Insiders own 47.09% of the company’s stock.

About AO World

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.