Asos Pls (OTCMKTS:ASOMY) Shares Gap Down - What's Next?

Key Points

• Asos Plc shares experienced a significant drop, opening at $4.36, down from a previous close of $4.84.
• The company's debt-to-equity ratio stands at 2.14, indicating a high level of debt compared to equity, alongside a current ratio of 1.18.
• Asos Plc operates as an online fashion retailer with a diverse range of products offered under various brand names, serving multiple international markets.

Asos Pls (OTCMKTS:ASOMY - ) shares gapped down prior to trading on Tuesday . The stock had previously closed at $4.84, but opened at $4.36. Asos Pls shares last traded at $4.36, with a volume of 101 shares.

Asos Pls Price Performance

The business has a 50-day simple moving average of $4.26 and a two-hundred day simple moving average of $4.19. The company has a debt-to-equity ratio of 2.14, a current ratio of 1.18 and a quick ratio of 0.50.

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.

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