ASOS (LON:ASC) Trading 18.4% Higher – Still a Buy?

ASOS Plc (LON:ASCGet Free Report)’s share price rose 18.4% during trading on Friday . The company traded as high as GBX 318.60 ($4.13) and last traded at GBX 301.80 ($3.91). Approximately 1,883,284 shares traded hands during trading, an increase of 268% from the average daily volume of 511,206 shares. The stock had previously closed at GBX 255 ($3.31).

ASOS Stock Performance

The company has a market capitalization of £361.77 million, a price-to-earnings ratio of -1.07, a P/E/G ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 187.55, a quick ratio of 0.39 and a current ratio of 1.61. The firm has a 50-day simple moving average of GBX 354.63 and a two-hundred day simple moving average of GBX 384.45.

ASOS Company Profile

(Get Free Report)

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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