AO World (LON:AO) Insider Sells £103,233.20 in Stock

AO World plc (LON:AO) insider Mark Higgins sold 105,340 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of GBX 98, for a total value of £103,233.20.

AO World Stock Down 0.9%

AO stock opened at GBX 96.80 on Friday. AO World plc has a fifty-two week low of GBX 77.15 and a fifty-two week high of GBX 120.40. The firm’s 50-day simple moving average is GBX 93.52 and its 200 day simple moving average is GBX 93.62. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 36.92. The stock has a market cap of £562.93 million, a PE ratio of 22.07, a price-to-earnings-growth ratio of -2.13 and a beta of 1.23.

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

Wall Street Analysts Forecast Growth

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

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.