AO World (LON:AO) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

AO World plc (LON:AO)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 99.16 ($1.36) and traded as low as GBX 91.50 ($1.26). AO World shares last traded at GBX 94.60 ($1.30), with a volume of 576,115 shares.

AO World Price Performance

The company has a debt-to-equity ratio of 43.05, a quick ratio of 0.48 and a current ratio of 0.95. The company has a 50-day moving average price of GBX 98.90 and a 200-day moving average price of GBX 99.16. The firm has a market capitalization of £550.13 million, a P/E ratio of 21.57, a price-to-earnings-growth ratio of -2.13 and a beta of 1.06.

AO World (LON:AO) last released its earnings results on Wednesday, June 18th. The company reported GBX 1.70 ($0.02) earnings per share for the quarter. AO World had a return on equity of 18.96% and a net margin of 2.48%. On average, sell-side analysts predict that AO World plc will post 4.8263419 earnings per share for the current year.

Insider Activity at AO World

In other AO World news, insider John Roberts sold 120,000 shares of AO World stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of GBX 98 ($1.34), for a total transaction of £117,600 ($161,383.29). Insiders have sold 2,240,000 shares of company stock worth $213,290,000 in the last ninety days. Company 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.