ASOS (OTCMKTS:ASOMY) Stock Price Up 6.6% – Here’s What Happened

ASOS Plc (OTCMKTS:ASOMY) shares shot up 6.6% during trading on Thursday . The stock traded as high as $3.45 and last traded at $3.41. 630 shares were traded during mid-day trading, a decline of 80% from the average session volume of 3,125 shares. The stock had previously closed at $3.20.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ASOMY. Hsbc Global Res raised ASOS from a “moderate sell” rating to a “hold” rating in a research report on Thursday, March 13th. BNP Paribas raised ASOS to a “strong sell” rating in a research note on Monday, March 17th.

ASOS Stock Performance

The company has a debt-to-equity ratio of 1.82, a current ratio of 1.61 and a quick ratio of 0.88. The company’s fifty day moving average is $3.95 and its 200-day moving average is $4.67.

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.