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AO World (LON:AO) Stock Price Passes Below 50-Day Moving Average - Here's What Happened

AO World logo with Consumer Cyclical background
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Key Points

  • Price momentum: AO World's shares dropped below their 50‑day moving average, trading as low as GBX 84.60 and last at GBX 85.80 versus a 50‑day MA of GBX 95.90 (200‑day MA GBX 101.90) on a volume of 304,012 shares.
  • Significant insider selling: Insiders sold large stakes in January — Chris Hopkinson sold 700,000 shares at GBX 107 and John Roberts sold 2.5 million at GBX 105 — with 4.2 million shares sold in the last three months while insiders still own 47.09% of the company.
  • MarketBeat previews top five stocks to own in May.

AO World plc (LON:AO - Get Free Report)'s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 95.90 and traded as low as GBX 84.60. AO World shares last traded at GBX 85.80, with a volume of 304,012 shares changing hands.

AO World Price Performance

The company has a debt-to-equity ratio of 41.38, a current ratio of 1.02 and a quick ratio of 0.48. The firm has a market cap of £504.19 million, a PE ratio of 19.77, a price-to-earnings-growth ratio of -2.13 and a beta of 1.24. The firm has a 50-day simple moving average of GBX 95.90 and a 200 day simple moving average of GBX 101.90.

Insider Buying and Selling at AO World

In other AO World news, insider Chris Hopkinson sold 700,000 shares of the firm's stock in a transaction on Friday, January 23rd. The stock was sold at an average price of GBX 107, for a total transaction of £749,000. Also, insider John Roberts sold 2,500,000 shares of the firm's stock in a transaction on Thursday, January 15th. The shares were sold at an average price of GBX 105, for a total value of £2,625,000. Insiders have sold 4,200,000 shares of company stock valued at $444,400,000 in the last three months. Insiders own 47.09% of the company's stock.

About AO World

(Get Free Report)

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.

See Also

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