AO World (LON:AO) Shares Cross Above 50 Day Moving Average – Time to Sell?

AO World plc (LON:AO) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 105.06 and traded as high as GBX 110.60. AO World shares last traded at GBX 109.60, with a volume of 108,271 shares changing hands.

Analyst Ratings Changes

Separately, Peel Hunt restated a “buy” rating and issued a GBX 137 price objective on shares of AO World in a research report on Tuesday, November 25th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 121.

AO World Stock Up 0.4%

The company has a market cap of £637.36 million, a P/E ratio of 24.99, a price-to-earnings-growth ratio of -2.13 and a beta of 1.06. The company has a current ratio of 0.95, a quick ratio of 0.48 and a debt-to-equity ratio of 43.05. The firm’s 50 day moving average price is GBX 105.06 and its 200-day moving average price is GBX 98.04.

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

Insider Buying and Selling at AO World

In other news, insider John Roberts sold 414,851 shares of the stock in a transaction on Tuesday, October 21st. The stock was sold at an average price of GBX 97, for a total value of £402,405.47. Over the last 90 days, insiders sold 718,053 shares of company stock valued at $70,433,777. Corporate insiders own 47.09% 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. 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.