ASOS Plc (OTCMKTS:ASOMF – Get Free Report)’s share price fell 21.4% on Monday . The company traded as low as $2.91 and last traded at $2.91. 270 shares were traded during trading, a decline of 91% from the average session volume of 3,023 shares. The stock had previously closed at $3.70.
ASOS Stock Down 21.4%
The company’s 50 day simple moving average is $3.82 and its 200-day simple moving average is $3.65.
About ASOS
ASOS plc is a leading online fashion and beauty retailer headquartered in London, United Kingdom. Founded in 2000 by Nick Robertson, Quentin Griffiths, Andrew Regan and Deborah Thorpe as “As Seen On Screen,” the company initially sold clothing inspired by celebrity styles. Over time, ASOS evolved into a comprehensive e-commerce platform, offering its own-brand apparel, footwear, accessories and beauty products alongside a broad range of third-party labels. In the mid-2010s, the company expanded its model by launching a marketplace that enables independent brands and boutique sellers to reach ASOS’s global customer base.
ASOS serves millions of customers in more than 200 territories worldwide, with key markets in the United Kingdom, Continental Europe, the United States and Australia.
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