Insider Selling: 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 firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of GBX 98, for a total value of £103,233.20.

AO World Price Performance

Shares of LON AO traded down GBX 0.10 during mid-day trading on Wednesday, reaching GBX 98.40. The company’s stock had a trading volume of 692,569 shares, compared to its average volume of 22,969. AO World plc has a 1-year low of GBX 77.15 and a 1-year high of GBX 120.40. The stock has a market capitalization of £572.23 million, a P/E ratio of 22.44, a P/E/G ratio of -2.13 and a beta of 1.23. The company has a debt-to-equity ratio of 36.92, a quick ratio of 0.48 and a current ratio of 1.09. The stock has a 50-day moving average of GBX 93.30 and a two-hundred day moving average of GBX 93.72.

AO World (LON:AO) last issued its earnings results on Wednesday, June 17th. The company reported GBX 6.36 earnings per share for the quarter. AO World had a return on equity of 21.65% and a net margin of 2.83%.The business had revenue of GBX 126.66 billion for the quarter. On average, equities research analysts anticipate that AO World plc will post 4.8263419 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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