ASOS (LON:ASC) Trading Down 3.4% - Should You Sell?

ASOS Plc (LON:ASC - Get Free Report)'s stock price was down 3.4% during trading on Thursday . The company traded as low as GBX 283 ($3.78) and last traded at GBX 295.59 ($3.95). Approximately 298,919 shares traded hands 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 Ratings Changes

ASC has been the subject of a number of recent research reports. Berenberg Bank reiterated a "buy" rating and set a GBX 600 ($8.01) price objective on shares of ASOS in a research report on Thursday, April 24th. Shore Capital reaffirmed a "buy" rating on shares of ASOS in a research report on Thursday, April 24th.

ASOS Stock Down 4.0 %

The company has a debt-to-equity ratio of 187.55, a current ratio of 1.61 and a quick ratio of 0.39. The stock has a market cap of £332.04 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 firm's 50-day moving average is GBX 285.28 and its 200 day moving average is GBX 352.09.

ASOS (LON:ASC - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported GBX (166.80) (($2.23)) EPS for the quarter. ASOS had a negative return on equity of 59.37% and a negative net margin of 11.66%. Sell-side analysts anticipate that ASOS Plc will post 12.4165252 earnings per share for the current fiscal year.

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.