Asos Pls (OTCMKTS:ASOMY) Reaches New 12-Month High – Still a Buy?
by Doug Wharley · The Cerbat GemAsos Pls (OTCMKTS:ASOMY – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Monday. The company traded as high as $6.63 and last traded at $6.63, with a volume of 305 shares. The stock had previously closed at $5.74.
Analyst Upgrades and Downgrades
Separately, Barclays upgraded shares of Asos Pls from a “strong sell” rating to a “hold” rating in a report on Monday, September 7th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy”.
View Our Latest Research Report on Asos Pls
Asos Pls Stock Performance
The company has a debt-to-equity ratio of 7.14, a quick ratio of 0.40 and a current ratio of 0.95. The firm’s fifty day moving average price is $5.33 and its 200 day moving average price is $4.06.
About Asos Pls
ASOS plc is a global online fashion retailer headquartered in the United Kingdom. The company sells clothing, footwear, accessories, beauty products and related items through its digital platforms, primarily serving fashion-conscious younger consumers.
ASOS offers products from a range of third-party brands alongside its own labels, including ASOS DESIGN and other proprietary fashion and beauty ranges. Its online retail model includes apparel collections for women and men, as well as beauty, grooming and lifestyle products.
Founded in 2000, ASOS has expanded beyond the United Kingdom to serve customers across multiple international markets, including Europe, the United States and Australia.