AO World (LON:AO) Posts Earnings Results

AO World (LON:AO) issued its earnings results on Wednesday. The company reported GBX 1.70 ($0.02) earnings per share (EPS) for the quarter, Digital Look Earnings reports. AO World had a return on equity of 18.96% and a net margin of 2.48%.

AO World Price Performance

AO World stock opened at GBX 96.30 ($1.30) on Friday. AO World has a 52-week low of GBX 77.15 ($1.04) and a 52-week high of GBX 120.40 ($1.62). The company has a quick ratio of 0.48, a current ratio of 0.95 and a debt-to-equity ratio of 43.05. The firm’s fifty day moving average is GBX 98.71 and its 200 day moving average is GBX 99.53. The company has a market cap of £560.02 million, a price-to-earnings ratio of 21.96, a PEG ratio of -2.13 and a beta of 1.06.

Insiders Place Their Bets

In other news, insider John Roberts sold 120,000 shares of the business’s stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of GBX 98 ($1.32), for a total transaction of £117,600 ($158,362.51). Insiders sold 2,240,000 shares of company stock valued at $213,290,000 in the last three months. Corporate insiders own 47.09% of the company’s stock.

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.