ASOS Plc (LON:ASC) Receives Average Rating of “Hold” from Brokerages

Shares of ASOS Plc (LON:ASC) have earned an average rating of “Hold” from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 391 ($4.77).

Separately, Shore Capital restated a “hold” rating on shares of ASOS in a research report on Tuesday, November 5th.

Insiders Place Their Bets

In other news, insider William Barker acquired 150,000 shares of ASOS stock in a transaction dated Wednesday, November 20th. The stock was purchased at an average cost of GBX 367 ($4.48) per share, with a total value of £550,500 ($672,079.11). Also, insider José Antonio Ramos Calamonte sold 1,991 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of GBX 336 ($4.10), for a total transaction of £6,689.76 ($8,167.21). Over the last ninety days, insiders have acquired 537,473 shares of company stock worth $194,840,753. Company insiders own 51.44% of the company’s stock.

ASOS Trading Down 1.0 %

LON:ASC opened at GBX 397 ($4.85) on Wednesday. The stock has a market cap of £472.87 million, a price-to-earnings ratio of -199.50, a PEG ratio of -1.26 and a beta of 2.86. The company’s 50 day moving average price is GBX 390.80 and its 200-day moving average price is GBX 387.34. ASOS has a 52 week low of GBX 328.84 ($4.01) and a 52 week high of GBX 454.20 ($5.55). The company has a quick ratio of 0.39, a current ratio of 1.51 and a debt-to-equity ratio of 158.84.

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.