Key Points
- AO World insider Mark Higgins sold 105,340 shares at an average price of GBX 98, generating approximately £103,233 in proceeds.
- AO World shares opened at GBX 98.40, with a market capitalization of about £572.23 million and a 52-week trading range of GBX 77.15 to GBX 120.40.
- Analysts maintain a positive outlook: Jefferies reaffirmed a “buy” rating with a GBX 160 target, while the consensus rating is “Buy” with a GBX 148.50 target price.
AO World plc (LON:AO - Get Free Report) insider Mark Higgins sold 105,340 shares of the firm's stock in a transaction dated Monday, August 10th. The stock was sold at an average price of GBX 98, for a total value of £103,233.20.
AO World Price Performance
AO opened at GBX 98.40 on Thursday. 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 market capitalization of £572.23 million, a PE ratio of 22.44, a price-to-earnings-growth ratio of -2.13 and a beta of 1.23. The stock's 50 day moving average price is GBX 93.40 and its 200-day moving average price is GBX 93.67. AO World plc has a 52-week low of GBX 77.15 and a 52-week high of GBX 120.40.
AO World (LON:AO - Get Free Report) last announced its quarterly earnings results on Wednesday, June 17th. The company reported GBX 6.36 EPS for the quarter. The company had revenue of GBX 126.66 billion during the quarter. AO World had a return on equity of 21.65% and a net margin of 2.83%. On average, equities research analysts predict that AO World plc will post 4.8263419 EPS for the current year.
Analyst Ratings Changes
Separately, Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 160 target price on shares of AO World in a research report on Wednesday, June 17th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of GBX 148.50.
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About AO World
(
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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.
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