ASOS (LON:ASC) Upgraded to “Buy” at Shore Capital

ASOS (LON:ASC) was upgraded by research analysts at Shore Capital to a “buy” rating in a report issued on Friday,London Stock Exchange reports.

ASOS Price Performance

Shares of ASC traded up GBX 46.80 ($0.61) during midday trading on Friday, hitting GBX 301.80 ($3.91). The company’s stock had a trading volume of 1,883,284 shares, compared to its average volume of 511,206. 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 has a one year low of GBX 223.20 ($2.89) and a one year high of GBX 454.20 ($5.89). The stock has a market capitalization of £361.77 million, a price-to-earnings ratio of -1.07, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The company’s fifty day simple moving average is GBX 354.63 and its two-hundred day simple moving average is GBX 384.45.

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.