ASOS (OTCMKTS:ASOMY) Trading Down 3.7% – Here’s What Happened

ASOS Plc (OTCMKTS:ASOMY) shares traded down 3.7% during mid-day trading on Wednesday . The company traded as low as $4.94 and last traded at $4.94. 102 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 1,777 shares. The stock had previously closed at $5.13.

Wall Street Analyst Weigh In

ASOMY has been the subject of several recent research reports. Berenberg Bank raised ASOS to a “strong-buy” rating in a research report on Thursday, September 5th. Barclays raised shares of ASOS to a “strong sell” rating in a research report on Tuesday, September 10th.

ASOS Stock Up 1.0 %

The company has a current ratio of 1.61, a quick ratio of 0.88 and a debt-to-equity ratio of 1.82. The company’s fifty day moving average price is $4.83 and its 200-day moving average price is $4.89.

About ASOS

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.