AO World (OTCMKTS:AOWDF) Upgraded to “Hold” by Zacks Investment Research

AO World (OTCMKTS:AOWDFGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports.

According to Zacks, “AO World Plc operates as an online retailer of domestic appliances primarily in the United Kingdom. The Company sells washing machines, washer dryers, tumble dryers, dishwashers, fridges and freezers, ovens, cookers, range cookers, cooker hoods, extractor fans, hobs, and microwaves, as well as coffee machines, kettles and toasters, food preparation products, irons, small cooking appliances and microwaves. AO World Plc is headquartered in Bolton, the United Kingdom. “

Separately, JPMorgan Chase & Co. lowered shares of AO World from a “neutral” rating to an “underweight” rating in a report on Tuesday, May 3rd.

Shares of AO World stock remained flat at $$2.05 during trading hours on Wednesday. AO World has a fifty-two week low of $1.99 and a fifty-two week high of $3.27. The company has a 50-day moving average price of $2.05 and a two-hundred day moving average price of $2.05.

AO World Company Profile (Get Rating)

AO World plc, together with its subsidiaries, operates as an online retailer of domestic appliances and consumer electronics in the United Kingdom and Europe. The company retails fridge freezers, cookers and washing machines, and audiovisual equipment, as well as computing, mobile, and gaming products.

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