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ASOS (OTCMKTS:ASOMY) Shares Down 3.7% - Should You Sell?

ASOS logo with Retail/Wholesale background

Shares of ASOS Plc (OTCMKTS:ASOMY - Get Free Report) fell 3.7% during mid-day trading on Wednesday . The company traded as low as $4.94 and last traded at $4.94. 102 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 1,777 shares. The stock had previously closed at $5.13.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ASOMY. Berenberg Bank raised ASOS to a "strong-buy" rating in a report on Thursday, September 5th. Barclays upgraded shares of ASOS to a "strong sell" rating in a research note on Tuesday, September 10th.

Check Out Our Latest Stock Analysis on ASOS

ASOS Stock Down 3.7 %

The company has a current ratio of 1.61, a quick ratio of 0.88 and a debt-to-equity ratio of 1.82. The firm has a 50-day simple moving average of $4.86 and a two-hundred day simple moving average of $4.89.

ASOS Company Profile

(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.

Further Reading

Should you invest $1,000 in ASOS right now?

Before you consider ASOS, you'll want to hear this.

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