Insider Buying: ASOS Plc (LON:ASC) Insider Acquires 150,000 Shares of Stock

ASOS Plc (LON:ASC - Get Free Report) insider William Barker bought 150,000 shares of the company's stock in a transaction on Wednesday, November 20th. The shares were acquired at an average price of GBX 367 ($4.64) per share, for a total transaction of £550,500 ($696,570.92).

William Barker also recently made the following trade(s):

• On Monday, November 18th, William Barker purchased 381,673 shares of ASOS stock. The stock was purchased at an average price of GBX 361 ($4.57) per share, for a total transaction of £1,377,839.53 ($1,743,438.61).

ASOS Stock Performance

ASC opened at GBX 364 ($4.61) on Thursday. ASOS Plc has a 12-month low of GBX 328.84 ($4.16) and a 12-month high of GBX 453.80 ($5.74). The company has a current ratio of 1.51, a quick ratio of 0.39 and a debt-to-equity ratio of 158.84. The firm has a market capitalization of £433.56 million, a PE ratio of -183.72, a P/E/G ratio of -1.26 and a beta of 2.86. The firm has a 50 day moving average of GBX 399.89 and a two-hundred day moving average of GBX 377.53.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ASC. Berenberg Bank restated a "buy" rating and issued a GBX 490 ($6.20) price target on shares of ASOS in a report on Thursday, September 5th. Barclays cut shares of ASOS to an "underweight" rating and lowered their price target for the company from GBX 300 ($3.80) to GBX 290 ($3.67) in a report on Monday, September 9th. Finally, Shore Capital reaffirmed a "hold" rating on shares of ASOS in a research report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, ASOS currently has a consensus rating of "Hold" and a consensus target price of GBX 391 ($4.95).

ASOS Company Profile

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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