ASOS Plc (LON:ASC - Get Free Report)'s stock price was up 18.4% during mid-day trading on Saturday . The company traded as high as GBX 318.60 ($4.10) and last traded at GBX 301.80 ($3.89). Approximately 1,883,284 shares traded hands during trading, an increase of 268% from the average daily volume of 511,206 shares. The stock had previously closed at GBX 255 ($3.28).
Wall Street Analyst Weigh In
Separately, Shore Capital upgraded 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 given a buy rating to the stock. According to MarketBeat, ASOS presently has a consensus rating of "Hold" and an average target price of GBX 391 ($5.03).
Check Out Our Latest Stock Report on ASOS
ASOS Price Performance
The company has a 50-day moving average of GBX 349.79 and a 200-day moving average of GBX 382.61. The company has a debt-to-equity ratio of 187.55, a quick ratio of 0.39 and a current ratio of 1.61. The stock has a market cap of £339.47 million, a price-to-earnings ratio of -1.00, a PEG ratio of -1.26 and a beta of 2.86.
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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