AO World plc (LON:AO – Get Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 84.77 ($1.06) and traded as low as GBX 83 ($1.04). AO World shares last traded at GBX 86.35 ($1.08), with a volume of 413,417 shares traded.
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a “sell” rating on shares of AO World in a research report on Monday, September 11th.
AO World Stock Performance
Insider Activity at AO World
In other news, insider Chris Hopkinson purchased 289,063 shares of the stock in a transaction that occurred on Monday, October 16th. The stock was acquired at an average cost of GBX 82 ($1.03) per share, with a total value of £237,031.66 ($296,549.06). Company insiders own 49.25% of the company’s stock.
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.
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