AO World (LON:AO) Stock Crosses Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• AO World plc's stock fell below its 200-day moving average, trading at GBX 92 ($1.22), indicating a potential bearish trend.
• The company reported a EPS of GBX 1.70 ($0.02) for the last quarter and has a market cap of £535.01 million.
• Insiders have sold nearly 3.9 million shares this quarter, raising concerns about confidence in the company's future performance.

AO World plc (LON:AO - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 97.64 ($1.30) and traded as low as GBX 90.82 ($1.21). AO World shares last traded at GBX 92 ($1.22), with a volume of 262,257 shares.

AO World Trading Down 1.6%

The business's 50 day moving average price is GBX 97.56 and its 200-day moving average price is GBX 97.52. The company has a current ratio of 0.95, a quick ratio of 0.48 and a debt-to-equity ratio of 43.05. The company has a market cap of £532.69 million, a price-to-earnings ratio of 20.89, a PEG ratio of -2.13 and a beta of 1.06.

AO World (LON:AO - Get Free Report) last issued its quarterly earnings data on Wednesday, June 18th. The company reported GBX 1.70 ($0.02) earnings per share for the quarter. AO World had a net margin of 2.48% and a return on equity of 18.96%. On average, equities analysts anticipate that AO World plc will post 4.8263419 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Mark Higgins sold 147,090 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of GBX 96 ($1.27), for a total transaction of £141,206.40 ($187,425.54). Also, insider John Roberts sold 2,000,000 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of GBX 97 ($1.29), for a total transaction of £1,940,000 ($2,574,993.36). Over the last quarter, insiders have sold 3,767,090 shares of company stock valued at $364,150,640. 47.09% of the stock is owned by corporate insiders.

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.