ASOS (LON:ASC) Upgraded by Shore Capital to “Buy” Rating

ASOS (LON:ASC) was upgraded by Shore Capital to a “buy” rating in a note issued to investors on Friday, Marketbeat.com reports.

ASOS Trading Up 18.4 %

ASC opened at GBX 301.80 ($3.90) on Friday. ASOS has a one year low of GBX 223.20 ($2.88) and a one year high of GBX 454.20 ($5.86). The company has a market cap of £361.77 million, a P/E ratio of -1.07, a PEG ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 187.55, a quick ratio of 0.39 and a current ratio of 1.61. The business’s 50-day simple moving average is GBX 352.73 and its 200-day simple moving average is GBX 384.16.

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.