AO World (LON:AO) Insider John Roberts Sells 3,618,075 Shares of Stock

AO World plc (LON:AO) insider John Roberts sold 3,618,075 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of GBX 83, for a total value of £3,003,002.25.

John Roberts also recently made the following trade(s):

• On Wednesday, August 12th, John Roberts sold 183,160 shares of AO World stock. The shares were sold at an average price of GBX 98, for a total transaction of £179,496.80.

AO World Price Performance

Shares of LON:AO traded up GBX 0.40 on Tuesday, hitting GBX 88.60. The stock had a trading volume of 362,513 shares, compared to its average volume of 22,969. The firm’s 50 day moving average price is GBX 93.53 and its 200-day moving average price is GBX 91.43. The company has a debt-to-equity ratio of 36.92, a quick ratio of 0.48 and a current ratio of 1.09. AO World plc has a twelve month low of GBX 77.15 and a twelve month high of GBX 120.40. The company has a market capitalization of £515.24 million, a price-to-earnings ratio of 20.20, a price-to-earnings-growth ratio of -2.13 and a beta of 1.23.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group cut their target price on shares of AO World from GBX 160 to GBX 155 and set a “buy” rating for the company in a research note on Friday, September 25th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 146.

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. 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.