Zacks Investment Research downgraded shares of Ao World (OTCMKTS:AOWDF) from a hold rating to a sell rating in a report issued on Thursday, November 23rd.
According to Zacks, “AO World Plc operates as an online retailer of domestic appliances primarily in the United Kingdom. The Company sells washing machines, washer dryers, tumble dryers, dishwashers, fridges and freezers, ovens, cookers, range cookers, cooker hoods, extractor fans, hobs, and microwaves, as well as coffee machines, kettles and toasters, food preparation products, irons, small cooking appliances and microwaves. AO World Plc is headquartered in Bolton, the United Kingdom. “
Ao World (OTCMKTS AOWDF) traded up $0.50 during midday trading on Thursday, hitting $1.90. The company had a trading volume of 360 shares, compared to its average volume of 193. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.49 and a current ratio of 0.80. Ao World has a 52-week low of $1.40 and a 52-week high of $2.29.
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About Ao World
AO World plc operates as an online retailer of domestic appliances in the United Kingdom and Europe. The company offers TVs, home cinema and sound bars, Blu-ray and DVD players, TV accessories, audio products, and set top and smart TV boxes; and computing products, including laptops, desktop PCs, tablets, computing accessories, software, storage products, and monitors and projectors, as well as scanners, printers, and inks.
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