ASOS (LON:ASC) Trading Up 18.4% – Still a Buy?

Shares of ASOS Plc (LON:ASCGet Free Report) shot up 18.4% on Friday . The stock traded as high as GBX 318.60 ($4.13) and last traded at GBX 301.80 ($3.91). 1,883,284 shares changed hands during trading, an increase of 268% from the average session volume of 511,206 shares. The stock had previously closed at GBX 255 ($3.31).

ASOS Trading Up 18.4 %

The business’s 50-day simple moving average is GBX 354.63 and its two-hundred day simple moving average is GBX 384.45. The firm has a market capitalization of £361.77 million, a price-to-earnings ratio of -1.07, a PEG ratio of -1.26 and a beta of 2.86. The company has a quick ratio of 0.39, a current ratio of 1.61 and a debt-to-equity ratio of 187.55.

About ASOS

(Get Free Report)

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.

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