ASOS Plc (LON:ASC - Get Free Report)'s share price traded up 20.3% during mid-day trading on Friday . The stock traded as high as GBX 318.60 ($4.12) and last traded at GBX 306.75 ($3.96). 8,724,763 shares changed hands during trading, an increase of 1,282% from the average session volume of 631,232 shares. The stock had previously closed at GBX 255 ($3.29).
Wall Street Analysts Forecast Growth
Separately, Shore Capital upgraded shares of ASOS to a "buy" rating in a report on Friday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of GBX 391 ($5.05).
Check Out Our Latest Analysis on ASC
ASOS Stock Performance
The company has a market cap of £364.88 million, a P/E ratio of -1.08, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The stock has a 50 day moving average price of GBX 351.31 and a two-hundred day moving average price of GBX 383.49. The company has a quick ratio of 0.39, a current ratio of 1.61 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.
Further Reading
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