ASOS Plc (LON:ASC - Get Free Report)'s stock price shot up 18.4% during mid-day trading on Saturday . The company traded as high as GBX 318.60 ($4.12) and last traded at GBX 301.80 ($3.91). 1,883,284 shares traded hands during mid-day trading, an increase of 268% from the average session volume of 511,206 shares. The stock had previously closed at GBX 255 ($3.30).
Analyst Ratings Changes
Separately, Shore Capital raised ASOS to a "buy" rating in a research note on Friday, March 21st. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, ASOS currently has a consensus rating of "Hold" and a consensus target price of GBX 391 ($5.06).
Read Our Latest Analysis on ASC
ASOS Price Performance
The business has a 50-day moving average of GBX 349.79 and a 200 day moving average of GBX 382.61. The firm has a market capitalization of £339.47 million, a P/E ratio of -1.00, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The company has a current ratio of 1.61, a quick ratio of 0.39 and a debt-to-equity ratio of 187.55.
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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