ASOS Plc (LON:ASC - Get Free Report) was up 18.4% during mid-day trading on Friday . The stock traded as high as GBX 318.60 ($4.12) and last traded at GBX 301.80 ($3.90). Approximately 1,883,284 shares traded hands during mid-day trading, an increase of 268% from the average daily volume of 511,206 shares. The stock had previously closed at GBX 255 ($3.29).
Analyst Ratings Changes
Separately, Shore Capital raised ASOS to a "buy" rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of GBX 391 ($5.05).
View Our Latest Stock Analysis on ASOS
ASOS Stock Performance
The company has a market capitalization of £364.88 million, a PE ratio of -1.08, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The firm's fifty day simple moving average is GBX 351.31 and its 200 day simple moving average is GBX 383.49. The company has a debt-to-equity ratio of 187.55, a current ratio of 1.61 and a quick ratio of 0.39.
About ASOS
(
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.
