AO World (LON:AO - Get Free Report) had its price objective increased by equities researchers at Canaccord Genuity Group from GBX 52 ($0.65) to GBX 75 ($0.93) in a research report issued on Wednesday, Marketbeat.com reports. The firm currently has a "sell" rating on the stock. Canaccord Genuity Group's price objective points to a potential downside of 27.88% from the stock's current price.
Separately, Shore Capital upgraded shares of AO World to a "buy" rating in a research report on Wednesday, April 10th.
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AO World Stock Performance
AO stock traded down GBX 1.60 ($0.02) during mid-day trading on Wednesday, hitting GBX 104 ($1.29). 220,138 shares of the company were exchanged, compared to its average volume of 22,969. The business has a 50 day simple moving average of GBX 94.66 and a 200-day simple moving average of GBX 90.41. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 65.04. The stock has a market capitalization of £601.71 million, a PE ratio of 2,080.00, a price-to-earnings-growth ratio of -2.13 and a beta of 0.92. AO World has a 1-year low of GBX 61.99 ($0.77) and a 1-year high of GBX 109.40 ($1.36).
Insider Activity at AO World
In related news, insider Chris Hopkinson acquired 14,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 6th. The stock was acquired at an average cost of GBX 90 ($1.12) per share, for a total transaction of £12,600 ($15,685.30). 50.77% of the stock is currently owned by company insiders.
AO World Company Profile
(
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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.
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