ASOS (OTCMKTS:ASOMY) Shares Down 0.4%

ASOS Plc (OTCMKTS:ASOMY) shares dropped 0.4% during trading on Monday . The company traded as low as $4.97 and last traded at $4.99. Approximately 2,238 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 13,990 shares. The stock had previously closed at $5.01.

Analyst Ratings Changes

ASOMY has been the topic of a number of research reports. JPMorgan Chase & Co. decreased their price target on shares of ASOS from GBX 610 ($7.63) to GBX 550 ($6.88) in a research note on Thursday, June 1st. Deutsche Bank Aktiengesellschaft decreased their target price on shares of ASOS from GBX 725 ($9.07) to GBX 485 ($6.07) in a research report on Monday, June 19th. Liberum Capital upgraded shares of ASOS from a “sell” rating to a “hold” rating in a research report on Friday, May 26th. Berenberg Bank decreased their target price on shares of ASOS from GBX 1,000 ($12.51) to GBX 940 ($11.76) in a research report on Tuesday, June 6th. Finally, Bank of America lowered shares of ASOS from a “buy” rating to an “underperform” rating in a research report on Monday, July 24th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $701.25.

ASOS Stock Down 0.4 %

The company’s 50 day moving average price is $5.09 and its 200-day moving average price is $6.72. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.45 and a current ratio of 1.55.

ASOS Company Profile

ASOS Plc operates as an online fashion retailer worldwide. 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.