ASOS (OTCMKTS:ASOMY) Trading 6.6% Higher – Still a Buy?

ASOS Plc (OTCMKTS:ASOMY) was up 6.6% during trading on Thursday . The company traded as high as $3.45 and last traded at $3.41. Approximately 630 shares traded hands during trading, a decline of 80% from the average daily volume of 3,125 shares. The stock had previously closed at $3.20.

Wall Street Analyst Weigh In

ASOMY has been the subject of a number of recent analyst reports. BNP Paribas upgraded shares of ASOS to a “strong sell” rating in a research report on Monday, March 17th. Hsbc Global Res raised shares of ASOS from a “moderate sell” rating to a “hold” rating in a report on Thursday, March 13th.

ASOS Stock Up 6.6 %

The company has a quick ratio of 0.88, a current ratio of 1.61 and a debt-to-equity ratio of 1.82. The company has a 50 day simple moving average of $3.95 and a two-hundred day simple moving average of $4.67.

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.