ASOS Plc (LON:ASC – Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 363.53 ($4.68) and traded as high as GBX 369.80 ($4.76). ASOS shares last traded at GBX 365.80 ($4.71), with a volume of 81,001 shares trading hands.
Analysts Set New Price Targets
ASC has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price target on shares of ASOS from GBX 350 ($4.50) to GBX 300 ($3.86) and set a “neutral” rating on the stock in a report on Thursday, April 18th. Barclays restated an “equal weight” rating on shares of ASOS in a research note on Thursday, April 18th. Berenberg Bank decreased their price target on ASOS from GBX 510 ($6.56) to GBX 490 ($6.30) and set a “buy” rating for the company in a research note on Wednesday, April 17th. Shore Capital restated a “sell” rating on shares of ASOS in a research note on Wednesday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 500 ($6.43) price objective on shares of ASOS in a research report on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 443.33 ($5.70).
Get Our Latest Stock Analysis on ASC
ASOS Stock Performance
The company has a quick ratio of 0.39, a current ratio of 1.51 and a debt-to-equity ratio of 158.84. The stock has a market capitalization of £436.51 million, a PE ratio of -183.82, a PEG ratio of -1.26 and a beta of 2.70. The firm has a 50 day moving average price of GBX 365.60 and a 200-day moving average price of GBX 363.53.
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.
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