ASOS Plc (LON:ASC - Get Free Report)'s stock price traded up 22.6% during trading on Friday . The stock traded as high as GBX 318.60 ($4.12) and last traded at GBX 312.60 ($4.04). 8,868,324 shares changed hands during trading, an increase of 1,299% from the average session volume of 633,751 shares. The stock had previously closed at GBX 255 ($3.29).
Analysts Set New Price Targets
Separately, Shore Capital upgraded ASOS to a "buy" rating in a research note 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's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of GBX 391 ($5.05).
Check Out Our Latest Analysis on ASC
ASOS Trading Down 2.6 %
The firm has a market cap of £364.88 million, a price-to-earnings ratio of -1.08, a price-to-earnings-growth 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. The company has a 50 day moving average price of GBX 351.31 and a 200 day moving average price of GBX 383.49.
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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