AO World (LON:AO) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Shares of AO World plc (LON:AO) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 110.46 ($1.43) and traded as low as GBX 105.56 ($1.37). AO World shares last traded at GBX 106 ($1.38), with a volume of 113,025 shares changing hands.

AO World Stock Up 3.6 %

The firm’s 50-day moving average price is GBX 109.95 and its 200 day moving average price is GBX 110.50. The firm has a market capitalization of £636.31 million, a price-to-earnings ratio of 2,745.00, a price-to-earnings-growth ratio of -2.13 and a beta of 1.06. The company has a debt-to-equity ratio of 51.45, a current ratio of 0.96 and a quick ratio of 0.48.

Insider Activity

In related news, insider Chris Hopkinson sold 2,000,000 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of GBX 117 ($1.52), for a total transaction of £2,340,000 ($3,038,171.90). Company insiders own 47.09% of the company’s stock.

AO World Company Profile

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.