ASOS (LON:ASC) Trading Up 20.3% – Still a Buy?

ASOS Plc (LON:ASCGet Free Report)’s stock price rose 20.3% on Friday . The stock traded as high as GBX 318.60 ($4.13) and last traded at GBX 306.75 ($3.98). Approximately 8,724,763 shares changed hands during mid-day trading, an increase of 1,282% from the average daily volume of 631,232 shares. The stock had previously closed at GBX 255 ($3.31).

ASOS Price Performance

The business’s 50 day simple moving average is GBX 354.63 and its 200-day simple moving average is GBX 384.45. 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 has a debt-to-equity ratio of 187.55, a quick ratio of 0.39 and a current ratio of 1.61.

About ASOS

(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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