ASOS Plc (LON:ASC - Get Free Report) shares were down 3.4% during trading on Thursday . The stock 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).
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. Berenberg Bank reissued a "buy" rating and issued a GBX 600 ($8.01) price target on shares of ASOS in a report on Thursday, April 24th. Shore Capital reiterated a "buy" rating on shares of ASOS in a research note on Thursday, April 24th.
Read Our Latest Research Report on ASOS
ASOS Trading Down 4.0 %
The company's 50-day moving average is GBX 285.28 and its 200 day moving average is GBX 352.09. The company 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 company has a quick ratio of 0.39, a current ratio of 1.61 and a debt-to-equity ratio of 187.55.
ASOS (LON:ASC - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported GBX (166.80) (($2.23)) earnings per share for the quarter. ASOS had a negative return on equity of 59.37% and a negative net margin of 11.66%. Research analysts predict that ASOS Plc will post 12.4165252 EPS 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.
Further Reading
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