ASOS (LON:ASC) Insider William Barker Purchases 62,040 Shares

ASOS Plc (LON:ASC) insider William Barker acquired 62,040 shares of ASOS stock in a transaction dated Wednesday, December 31st. The stock was purchased at an average price of GBX 275 per share, for a total transaction of £170,610.

William Barker also recently made the following trade(s):

• On Tuesday, December 30th, William Barker acquired 4,344 shares of ASOS stock. The stock was purchased at an average cost of GBX 276 per share, with a total value of £11,989.44.
• On Friday, January 2nd, William Barker bought 5,527 shares of ASOS stock. The stock was acquired at an average cost of GBX 278 per share, with a total value of £15,365.06.

ASOS Price Performance

Shares of LON:ASC opened at GBX 283.53 on Monday. The company has a market cap of £338.65 million, a P/E ratio of -1.13, a PEG ratio of -1.26 and a beta of 2.86. The company has a 50-day moving average price of GBX 253.53 and a 200 day moving average price of GBX 280.42. ASOS Plc has a 52 week low of GBX 215 and a 52 week high of GBX 445.40. The company has a quick ratio of 0.39, a current ratio of 1.61 and a debt-to-equity ratio of 187.55.

ASOS (LON:ASC) last posted its earnings results on Friday, November 21st. The company reported GBX (250.10) earnings per share for the quarter. ASOS had a negative net margin of 11.66% and a negative return on equity of 59.37%. Research analysts predict that ASOS Plc will post 12.4165252 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ASC shares. Berenberg Bank reiterated a “buy” rating and set a GBX 600 target price on shares of ASOS in a research report on Thursday, November 13th. Panmure Gordon reissued a “hold” rating and issued a GBX 350 target price on shares of ASOS in a research report on Monday, November 24th. JPMorgan Chase & Co. cut their price target on shares of ASOS from GBX 270 to GBX 240 and set a “neutral” rating on the stock in a research note on Monday, November 24th. Peel Hunt reiterated an “add” rating and issued a GBX 335 price target on shares of ASOS in a report on Thursday, November 13th. Finally, Shore Capital restated a “buy” rating and set a GBX 400 price objective on shares of ASOS in a report on Thursday, December 4th. Four investment 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, ASOS has a consensus rating of “Moderate Buy” and a consensus target price of GBX 383.33.

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.