ASOS Plc (LON:ASC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 390.74 ($4.88) and traded as high as GBX 445.40 ($5.56). ASOS shares last traded at GBX 424.84 ($5.30), with a volume of 1,783,997 shares.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "hold" rating on shares of ASOS in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of GBX 391 ($4.88).
Get Our Latest Analysis on ASC
ASOS Stock Down 0.6 %
The firm has a 50-day moving average price of GBX 405.01 and a two-hundred day moving average price of GBX 391.82. The company has a market capitalization of £480.97 million, a P/E ratio of -202.91, a PEG ratio of -1.26 and a beta of 2.86. The company has a quick ratio of 0.39, a current ratio of 1.51 and a debt-to-equity ratio of 158.84.
ASOS (LON:ASC - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The company reported GBX (284.40) (($3.55)) EPS for the quarter. ASOS had a negative net margin of 7.72% and a negative return on equity of 35.11%. Equities research analysts anticipate that ASOS Plc will post 12.4165252 EPS for the current fiscal year.
Insider Activity at ASOS
In other news, insider José Antonio Ramos Calamonte sold 1,991 shares of the firm's stock in a transaction on Friday, November 8th. The stock was sold at an average price of GBX 336 ($4.19), for a total value of £6,689.76 ($8,349.68). Also, insider William Barker purchased 381,673 shares of the business's stock in a transaction that occurred on Monday, November 18th. The stock was acquired at an average cost of GBX 361 ($4.51) per share, with a total value of £1,377,839.53 ($1,719,719.83). 51.44% of the stock is currently owned by insiders.
ASOS Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider ASOS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ASOS wasn't on the list.
While ASOS currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
