Asos Pls (OTCMKTS:ASOMY) Shares Gap Up – Here’s What Happened

Asos Pls (OTCMKTS:ASOMY) shares gapped up prior to trading on Thursday . The stock had previously closed at $5.70, but opened at $6.26. Asos Pls shares last traded at $6.26, with a volume of 1,843 shares traded.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Asos Pls from a “strong sell” rating to a “hold” rating in a research report on Monday, September 7th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy”.

Asos Pls Stock Performance

The company has a debt-to-equity ratio of 7.14, a current ratio of 0.95 and a quick ratio of 0.40. The firm has a 50 day moving average price of $5.26 and a 200 day moving average price of $4.02.

Asos Pls Company Profile

ASOS plc is a global online fashion retailer headquartered in the United Kingdom. The company sells clothing, footwear, accessories, beauty products and related items through its digital platforms, primarily serving fashion-conscious younger consumers.

ASOS offers products from a range of third-party brands alongside its own labels, including ASOS DESIGN and other proprietary fashion and beauty ranges. Its online retail model includes apparel collections for women and men, as well as beauty, grooming and lifestyle products.

Founded in 2000, ASOS has expanded beyond the United Kingdom to serve customers across multiple international markets, including Europe, the United States and Australia.