ASOS Plc (LON:ASC - Get Free Report) shares dropped 3.4% during mid-day trading on Wednesday . The stock traded as low as GBX 283 ($3.78) and last traded at GBX 295.59 ($3.95). Approximately 298,919 shares were traded during trading, a decline of 42% from the average daily volume of 511,575 shares. The stock had previously closed at GBX 306 ($4.09).
Analyst Upgrades and Downgrades
A number of analysts have commented on the company. Berenberg Bank reiterated a "buy" rating and issued a GBX 600 ($8.01) price objective on shares of ASOS in a research report on Thursday, April 24th. Shore Capital restated a "buy" rating on shares of ASOS in a research report on Thursday, April 24th.
Check Out Our Latest Analysis on ASC
ASOS Price Performance
The company has a quick ratio of 0.39, a current ratio of 1.61 and a debt-to-equity ratio of 187.55. The company has a market capitalization of £330.84 million, a price-to-earnings ratio of -0.98, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The stock's 50-day moving average price is GBX 285.28 and its 200-day moving average price is GBX 352.09.
ASOS (LON:ASC - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The company reported GBX (166.80) (($2.23)) earnings per share (EPS) for the quarter. ASOS had a negative net margin of 11.66% and a negative return on equity of 59.37%. Equities research analysts anticipate that ASOS Plc will post 12.4165252 earnings per share for the current year.
ASOS Company Profile
(
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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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