William Barker Purchases 381,673 Shares of ASOS Plc (LON:ASC) Stock

ASOS Plc (LON:ASC - Get Free Report) insider William Barker acquired 381,673 shares of ASOS stock in a transaction dated Monday, November 18th. The shares were bought at an average price of GBX 361 ($4.58) per share, for a total transaction of £1,377,839.53 ($1,746,532.55).

ASOS Price Performance

Shares of ASOS stock traded down GBX 1.94 ($0.02) during trading hours on Tuesday, reaching GBX 363.86 ($4.61). 306,892 shares of the company's stock were exchanged, compared to its average volume of 392,194. The business has a fifty day moving average of GBX 401.07 and a two-hundred day moving average of GBX 377.45. The company has a quick ratio of 0.39, a current ratio of 1.51 and a debt-to-equity ratio of 158.84. The company has a market capitalization of £433.39 million, a P/E ratio of -183.37, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. ASOS Plc has a 1 year low of GBX 328.84 ($4.17) and a 1 year high of GBX 453.80 ($5.75).

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on ASC. Shore Capital restated a "hold" rating on shares of ASOS in a research report on Tuesday, November 5th. Barclays lowered ASOS to an "underweight" rating and reduced their target price for the company from GBX 300 ($3.80) to GBX 290 ($3.68) in a research report on Monday, September 9th. Finally, Berenberg Bank reaffirmed a "buy" rating and set a GBX 490 ($6.21) target price on shares of ASOS in a report on Thursday, September 5th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of GBX 391 ($4.96).

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.