AO World PLC (LON:AO) insider John Roberts bought 882,350 shares of AO World stock in a transaction that occurred on Wednesday, July 29th. The stock was bought at an average price of GBX 169 ($2.08) per share, with a total value of £1,491,171.50 ($1,835,062.15).
LON AO traded down GBX 8 ($0.10) during trading on Thursday, reaching GBX 162 ($1.99). 385,035 shares of the company traded hands, compared to its average volume of 174,009. AO World PLC has a 1-year low of GBX 1.32 ($0.02) and a 1-year high of GBX 178.65 ($2.20). The company has a market cap of $775.24 million and a price-to-earnings ratio of 405.00. The stock’s 50 day moving average price is GBX 151.06 and its two-hundred day moving average price is GBX 96.24. The company has a debt-to-equity ratio of 133.00, a quick ratio of 0.43 and a current ratio of 0.80.
AO has been the subject of several recent research reports. Jefferies Financial Group raised AO World to a “buy” rating and upped their price target for the company from GBX 110 ($1.35) to GBX 165 ($2.03) in a report on Friday, May 29th. Shore Capital restated a “hold” rating on shares of AO World in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. boosted their price target on shares of AO World from GBX 101 ($1.24) to GBX 120 ($1.48) and gave the company a “neutral” rating in a report on Wednesday, July 15th.
AO World plc, together with its subsidiaries, operates as an online retailer of domestic appliances and consumer electronics in the United Kingdom, Germany, and the Netherlands. It also provides logistics and transport services; and ancillary services, such as delivery, connection and disconnection, product protection plan commission, recycling, strategic marketing income, and third-party logistics services, as well as engages in the investment activities.
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