AO World (LON:AO) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

AO World plc (LON:AO – Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 95.22 and traded as low as GBX 91.10. AO World shares last traded at GBX 91.60, with a volume of 292,815 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 160 price target on shares of AO World in a research report on Wednesday, June 17th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, AO World currently has an average rating of “Moderate Buy” and an average price target of GBX 134.

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AO World Trading Down 0.2%

The company has a current ratio of 1.09, a quick ratio of 0.48 and a debt-to-equity ratio of 36.92. The company has a market cap of £539.08 million, a price-to-earnings ratio of 21.14, a price-to-earnings-growth ratio of -2.13 and a beta of 1.22. The firm has a 50-day moving average price of GBX 91.43 and a 200 day moving average price of GBX 95.07.

AO World (LON:AO – Get Free Report) last posted its quarterly earnings results on Wednesday, June 17th. The company reported GBX 6.36 earnings per share (EPS) for the quarter. AO World had a return on equity of 21.65% and a net margin of 2.83%.The business had revenue of GBX 126.66 billion for the quarter. As a group, sell-side analysts forecast that AO World plc will post 4.8263419 EPS for the current year.

AO World Company Profile

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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.

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