AO World (LON:AO) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of AO World plc (LON:AO) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-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 trading hands.

Analyst Ratings Changes

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

AO World Trading Down 1.5%

The firm has a market capitalization of £532.69 million, a price-to-earnings ratio of 20.89, a price-to-earnings-growth ratio of -2.13 and a beta of 1.22. The firm’s 50 day moving average is GBX 91.32 and its 200 day moving average is GBX 95.22. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 36.92.

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

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.