ASOS Plc (LON:ASC - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 393.40 ($4.96) and traded as low as GBX 339.38 ($4.28). ASOS shares last traded at GBX 343 ($4.32), with a volume of 164,758 shares traded.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "hold" rating on shares of ASOS in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of GBX 391 ($4.93).
Check Out Our Latest Stock Analysis on ASC
ASOS Trading Down 2.6 %
The business's 50 day moving average price is GBX 398.34 and its 200-day moving average price is GBX 393.34. The company has a market cap of £390.06 million, a price-to-earnings ratio of -1.15, a PEG ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 187.55, a quick ratio of 0.39 and a current ratio of 1.61.
About ASOS
(
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ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and internationally. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS Luxe, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge, HIIT, AsYou, Dark Future, UNRVLLD/SPPLY, Crooked Tongues, Daysocial, Actual, and Weekend Collective brands, as well as through third-party brands.
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