AO World (LON:AO) Share Price Passes Below 200 Day Moving Average – Should You Sell?

AO World plc (LON:AO)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 96.65 and traded as low as GBX 93.20. AO World shares last traded at GBX 94.60, with a volume of 1,279,181 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 160 target price on shares of AO World in a report on Wednesday, June 17th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, AO World has a consensus rating of “Moderate Buy” and a consensus target price of GBX 134.

AO World Stock Down 0.1%

The company’s fifty day moving average price is GBX 90.33 and its 200-day moving average price is GBX 96.65. The stock has a market cap of £550.13 million, a P/E ratio of 21.57, a price-to-earnings-growth ratio of -2.13 and a beta of 1.22. The company has a debt-to-equity ratio of 36.92, a quick ratio of 0.48 and a current ratio of 1.09.

AO World (LON:AO) last released its quarterly earnings results on Wednesday, June 17th. The company reported GBX 6.36 EPS for the quarter. AO World had a net margin of 2.83% and a return on equity of 21.65%. The firm had revenue of GBX 126.66 billion during the quarter. Equities analysts forecast that AO World plc will post 4.8263419 EPS for the current year.

Insider Activity at AO World

In other news, insider John Roberts sold 5,359,056 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of GBX 90, for a total transaction of £4,823,150.40. Corporate insiders own 47.09% of the company’s stock.

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.