ASOS’s (ASC) “Sell” Rating Reiterated at Shore Capital

Shore Capital reissued their sell rating on shares of ASOS (LON:ASC) in a report published on Wednesday, MarketBeat.com reports.

Separately, Berenberg Bank restated a buy rating and set a GBX 600 ($7.47) price target on shares of ASOS in a report on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, ASOS presently has a consensus rating of Hold and an average target price of GBX 466.25 ($5.80).

ASOS Trading Down 0.4 %

Shares of ASC stock opened at GBX 356.80 ($4.44) on Wednesday. ASOS has a twelve month low of GBX 320.33 ($3.99) and a twelve month high of GBX 794 ($9.88). The stock’s fifty day simple moving average is GBX 361.60 and its 200 day simple moving average is GBX 379.74. The company has a quick ratio of 0.39, a current ratio of 1.73 and a debt-to-equity ratio of 115.59. The firm has a market capitalization of £425.77 million, a P/E ratio of -167.51, a P/E/G ratio of -1.26 and a beta of 2.72.

Insider Buying and Selling at ASOS

In related news, insider William Barker acquired 13,000 shares of the stock in a transaction dated Wednesday, February 28th. The stock was bought at an average cost of GBX 365 ($4.54) per share, for a total transaction of £47,450 ($59,068.84). Corporate insiders own 50.18% of the company’s stock.

ASOS Company Profile

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.