AO World (LON:AO) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

AO World plc (LON:AO)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 103.67 and traded as high as GBX 109.60. AO World shares last traded at GBX 107.20, with a volume of 363,087 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 137 target price on shares of AO World in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 121.

AO World Trading Down 0.5%

The company has a 50-day moving average of GBX 103.88 and a 200 day moving average of GBX 97.73. The company has a debt-to-equity ratio of 43.05, a current ratio of 0.95 and a quick ratio of 0.48. The company has a market cap of £636.20 million, a PE ratio of 24.95, a price-to-earnings-growth ratio of -2.13 and a beta of 1.06.

AO World (LON:AO) last announced its earnings results on Tuesday, November 25th. The company reported GBX 2.22 EPS for the quarter. AO World had a return on equity of 18.96% and a net margin of 2.48%. Analysts predict that AO World plc will post 4.8263419 earnings per share for the current year.

Insider Activity

In related news, insider John Roberts sold 414,851 shares of AO World stock in a transaction dated Tuesday, October 21st. The shares were sold at an average price of GBX 97, for a total transaction of £402,405.47. In the last three months, insiders have sold 718,053 shares of company stock valued at $70,433,777. 47.09% of the stock is currently owned by company insiders.

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.