Shares of ASOS Plc (LON:ASC - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 282.18 and traded as high as GBX 398. ASOS shares last traded at GBX 389.50, with a volume of 116,185 shares.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the company. Berenberg Bank reiterated a "buy" rating and set a GBX 600 price target on shares of ASOS in a report on Wednesday, July 1st. Royal Bank Of Canada boosted their price target on ASOS from GBX 275 to GBX 400 and gave the company a "sector perform" rating in a research note on Wednesday, August 5th. Shore Capital Group restated a "buy" rating on shares of ASOS in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on shares of ASOS from GBX 375 to GBX 400 and gave the company a "buy" rating in a research report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. lifted their target price on shares of ASOS from GBX 285 to GBX 330 and gave the company a "neutral" rating in a research note on Thursday, July 2nd. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, ASOS presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 375.86.
Check Out Our Latest Stock Analysis on ASOS
ASOS Price Performance
The company's 50-day simple moving average is GBX 340.03 and its 200 day simple moving average is GBX 282.18. The company has a quick ratio of 0.39, a current ratio of 0.95 and a debt-to-equity ratio of 855.63. The stock has a market capitalization of £466.03 million, a price-to-earnings ratio of -2.02, a P/E/G ratio of -1.26 and a beta of 2.31.
Insider Activity
In related news, insider William Barker acquired 15,779 shares of the stock in a transaction dated Thursday, May 28th. The shares were acquired at an average price of GBX 258 per share, with a total value of £40,709.82. Company insiders own 19.82% of the company's stock.
About ASOS
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
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
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
