Shares of ASOS Plc (LON:ASC - Get Free Report) traded 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 ($3.90). 1,883,284 shares traded hands during trading, an increase of 268% from the average session volume of 511,206 shares. The stock had previously closed at GBX 255 ($3.29).
Wall Street Analyst Weigh In
Separately, Shore Capital raised shares of ASOS to a "buy" rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of GBX 391 ($5.05).
Read Our Latest Stock Report on ASOS
ASOS Stock Performance
The company has a debt-to-equity ratio of 187.55, a current ratio of 1.61 and a quick ratio of 0.39. The business has a 50-day moving average of GBX 351.31 and a 200-day moving average of GBX 383.49. The company has a market capitalization of £364.88 million, a P/E ratio of -1.08, a P/E/G ratio of -1.26 and a beta of 2.86.
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.
See Also
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.