Insider Buying: AO World PLC (LON:AO) Insider Purchases 882,350 Shares of Stock
AO World PLC (LON:AO) insider John Roberts acquired 882,350 shares of the business’s stock in a transaction dated Wednesday, July 29th. The shares were acquired at an average cost of GBX 169 ($2.08) per share, with a total value of £1,491,171.50 ($1,835,062.15).
Shares of AO World stock opened at GBX 167.40 ($2.06) on Friday. The company has a market capitalization of $801.08 million and a P/E ratio of 418.50. The company has a debt-to-equity ratio of 133.00, a quick ratio of 0.43 and a current ratio of 0.80. The company has a fifty day moving average of GBX 151.60 and a 200 day moving average of GBX 96.99. AO World PLC has a fifty-two week low of GBX 1.32 ($0.02) and a fifty-two week high of GBX 178.65 ($2.20).
A number of equities research analysts have recently issued reports on AO shares. Shore Capital reissued a “hold” rating on shares of AO World in a research report on Tuesday, July 21st. Jefferies Financial Group raised shares of AO World to a “buy” rating and boosted their price objective for the company from GBX 110 ($1.35) to GBX 165 ($2.03) in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of AO World from GBX 101 ($1.24) to GBX 120 ($1.48) and gave the company a “neutral” rating in a research report on Wednesday, July 15th.
AO World plc, together with its subsidiaries, operates as an online retailer of domestic appliances and consumer electronics in the United Kingdom, Germany, and the Netherlands. It also provides logistics and transport services; and ancillary services, such as delivery, connection and disconnection, product protection plan commission, recycling, strategic marketing income, and third-party logistics services, as well as engages in the investment activities.
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