ASOS’s (ASC) “Buy” Rating Reaffirmed at Shore Capital Group

ASOS (LON:ASC)‘s stock had its “buy” rating reaffirmed by stock analysts at Shore Capital Group in a research report issued on Thursday,London Stock Exchange reports.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 600 price target on shares of ASOS in a research report on Wednesday, March 25th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 352.67.

ASOS Price Performance

ASC stock traded up GBX 25 during midday trading on Thursday, hitting GBX 250. 1,678,419 shares of the stock were exchanged, compared to its average volume of 9,946,638. The stock’s 50-day moving average price is GBX 243.94 and its 200-day moving average price is GBX 259.27. The company has a debt-to-equity ratio of 342.80, a quick ratio of 0.39 and a current ratio of 1.02. The stock has a market cap of £298.60 million, a price-to-earnings ratio of -1.00, a PEG ratio of -1.26 and a beta of 2.25. ASOS has a fifty-two week low of GBX 206.50 and a fifty-two week high of GBX 375.30.

About ASOS

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.