AO World (LON:AO) Stock Crosses Below 200 Day Moving Average of $78.75

AO World plc (LON:AO – Get Rating)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 78.75 ($0.96) and traded as low as GBX 41.07 ($0.50). AO World shares last traded at GBX 44.14 ($0.54), with a volume of 3,876,900 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on AO shares. Shore Capital reaffirmed a “house stock” rating on shares of AO World in a report on Tuesday, July 12th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a GBX 59 ($0.72) target price on shares of AO World in a report on Monday, July 4th.

AO World Price Performance

The firm has a market capitalization of £250.89 million and a P/E ratio of -33.95. The business has a fifty day moving average of GBX 59.96 and a 200-day moving average of GBX 78.75. The company has a debt-to-equity ratio of 125.75, a quick ratio of 0.51 and a current ratio of 0.82.

About AO World

(Get Rating)

AO World plc, together with its subsidiaries, operates as an online retailer of domestic appliances and consumer electronics in the United Kingdom and Europe. The company retails fridge freezers, cookers and washing machines, and audiovisual equipment, as well as computing, mobile, and gaming products.

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