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
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 "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.