Zacks Investment Research Downgrades AO World (OTCMKTS:AOWDF) to Sell

Zacks Investment Research lowered shares of AO World (OTCMKTS:AOWDF) from a hold rating to a sell rating in a report issued on Tuesday, Zacks.com reports.

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. “

Separately, Jefferies Financial Group reissued a buy rating on shares of AO World in a report on Wednesday, July 15th.

AOWDF remained flat at $$1.80 on Tuesday. The company has a market cap of $825.82 million, a P/E ratio of -90.00 and a beta of 0.61. AO World has a 52-week low of $0.75 and a 52-week high of $1.80. The company has a current ratio of 0.80, a quick ratio of 0.53 and a debt-to-equity ratio of 1.06. The stock has a 50 day moving average price of $1.80 and a two-hundred day moving average price of $1.25.

About AO World

AO World plc, together with its subsidiaries, operates as an online retailer of domestic appliances and consumer electronics in the United Kingdom, Germany, and the Netherlands. It also provides logistics and transport services; and ancillary services, such as delivery, connection and disconnection, product protection plan commission, recycling, strategic marketing income, and third-party logistics services, as well as engages in the investment activities.

See Also: Example of operating income, EBIT and EBITDA

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