AO World’s (AO) Sell Rating Reiterated at Shore Capital

Shore Capital reiterated their sell rating on shares of AO World (LON:AO) in a report issued on Monday morning, Marketbeat Ratings reports.

Separately, Jefferies Financial Group reissued a buy rating and issued a GBX 90 ($1.13) price objective on shares of AO World in a report on Tuesday, June 13th.

AO World Trading Down 3.6 %

Shares of AO stock opened at GBX 86.30 ($1.08) on Monday. The company has a debt-to-equity ratio of 90.16, a quick ratio of 0.48 and a current ratio of 0.83. The company has a market capitalization of £499.31 million, a price-to-earnings ratio of 8,955.00, a PEG ratio of -2.13 and a beta of 0.80. AO World has a 52-week low of GBX 40.60 ($0.51) and a 52-week high of GBX 101.80 ($1.27). The company has a 50-day simple moving average of GBX 90.65 and a two-hundred day simple moving average of GBX 77.88.

Insider Buying and Selling

In other news, insider Mark Higgins sold 107,629 shares of the company’s stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of GBX 98 ($1.23), for a total transaction of £105,476.42 ($131,994.02). 49.25% of the stock is owned by insiders.

About AO World

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.