ASOS PLS (OTCMKTS:ASOMY) Stock Price Down 5.1% - What's Next?

Key Points

• Asos Plc shares fell by 5.1%, trading as low as $3.83 during Wednesday's session, after closing at $4.10 the previous day.
• Trading volume surged to 1,425 shares, indicating a significant increase of 641% compared to the average session volume of 192 shares.
• The company maintains a debt-to-equity ratio of 2.14, suggesting financial leverage, alongside a current ratio of 1.18 and quick ratio of 0.50.

ASOS PLS (OTCMKTS:ASOMY - Get Free Report)'s stock price dropped 5.1% on Wednesday . The company traded as low as $3.83 and last traded at $3.89. Approximately 1,425 shares were traded during trading, an increase of 641% from the average daily volume of 192 shares. The stock had previously closed at $4.10.

ASOS PLS Stock Down 3.8%

The firm has a 50-day simple moving average of $4.19 and a 200 day simple moving average of $4.00. The company has a current ratio of 1.18, a quick ratio of 0.50 and a debt-to-equity ratio of 2.14.

ASOS PLS 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.