Insider Selling: AO World (LON:AO) Insider Sells 183,160 Shares

AO World plc (LON:AO) insider John Roberts sold 183,160 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of GBX 98, for a total value of £179,496.80.

AO World Price Performance

LON AO traded down GBX 0.10 during midday trading on Wednesday, hitting GBX 98.40. The company had a trading volume of 692,569 shares, compared to its average volume of 22,969. The company has a market capitalization of £572.23 million, a PE ratio of 22.44, a P/E/G ratio of -2.13 and a beta of 1.23. 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 firm has a 50-day moving average price of GBX 93.30 and a 200-day moving average price of GBX 93.72. AO World plc has a twelve month low of GBX 77.15 and a twelve month high of GBX 120.40.

AO World (LON:AO) last released its 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 company had revenue of GBX 126.66 billion for the quarter. As a group, analysts anticipate that AO World plc will post 4.8263419 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 160 target price on shares of AO World in a research report on Wednesday, June 17th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 148.50.

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.