ASOS Plc (LON:ASC - Get Free Report) shares were up 18.4% during trading on Saturday . The stock traded as high as GBX 318.60 ($4.12) and last traded at GBX 301.80 ($3.91). Approximately 1,883,284 shares were traded during trading, an increase of 268% from the average daily volume of 511,206 shares. The stock had previously closed at GBX 255 ($3.30).
Analysts Set New Price Targets
Separately, Shore Capital raised ASOS to a "buy" rating in a research report on Friday, March 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of GBX 391 ($5.06).
Check Out Our Latest Stock Report on ASOS
ASOS Stock Performance
The firm has a 50-day simple moving average of GBX 349.79 and a two-hundred day simple moving average of GBX 382.61. The company has a market capitalization of £339.47 million, a price-to-earnings ratio of -1.00, a P/E/G 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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