Free Trial

ASOS (LON:ASC) Stock Price Crosses Above 200-Day Moving Average - Here's Why

ASOS logo with Consumer Cyclical background

ASOS Plc (LON:ASC - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 387.73 ($4.74) and traded as high as GBX 410.60 ($5.02). ASOS shares last traded at GBX 405 ($4.96), with a volume of 264,128 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "hold" rating on shares of ASOS in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of GBX 391 ($4.78).

Check Out Our Latest Analysis on ASC

ASOS Trading Up 0.2 %

The company has a market capitalization of £483.35 million, a P/E ratio of -203.92, a PEG ratio of -1.26 and a beta of 2.86. The business has a fifty day moving average of GBX 394.10 and a 200-day moving average of GBX 387.86. The company has a debt-to-equity ratio of 158.84, a quick ratio of 0.39 and a current ratio of 1.51.

Insider Buying and Selling at ASOS

In other ASOS news, insider José Antonio Ramos Calamonte sold 1,991 shares of the business's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of GBX 336 ($4.11), for a total transaction of £6,689.76 ($8,185.20). Also, insider William Barker acquired 381,673 shares of the stock in a transaction dated Monday, November 18th. The stock was bought at an average cost of GBX 361 ($4.42) per share, with a total value of £1,377,839.53 ($1,685,843.06). Over the last three months, insiders have acquired 537,473 shares of company stock valued at $194,840,753. Corporate insiders own 51.44% of the company's stock.

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.

Featured Articles

Should You Invest $1,000 in ASOS Right Now?

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

The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Crypto Boom 2025: Bitcoin’s Rise and Trump’s Impact on the Market
Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks
7 Stocks to Benefit From Trump’s Tariffs in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines