Zacks Investment Research downgraded shares of ASOS PLC/ADR (OTCMKTS:ASOMY) from a buy rating to a hold rating in a research note released on Thursday, Zacks.com reports.

According to Zacks, “ASOS Plc is an online fashion destination. It offers branded and own-branded product lines, including womenswear and menswear, footwear, accessories, jewelry and beauty and grooming products primarily through its Website, asos.com. The company operates primarily in the United Kingdom, France, Germany, Italy, Spain, Australia, the United States, Russia and China. ASOS Plc is based in London, United Kingdom. “

OTCMKTS ASOMY opened at $50.23 on Thursday. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of 38.05, a P/E/G ratio of 9.30 and a beta of 3.57. ASOS PLC/ADR has a 1 year low of $26.76 and a 1 year high of $91.66.

ASOS PLC/ADR Company Profile

ASOS Plc, together with its subsidiaries, operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, and Russia. The company offers womenswear, menswear, and sportswear products. It sells approximately 85,000 branded and ASOS brand products primarily through its Website, asos.com, as well as through social media platforms and magazines.

Recommended Story: Compound Interest

Get a free copy of the Zacks research report on ASOS PLC/ADR (ASOMY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for ASOS PLC/ADR (OTCMKTS:ASOMY)

Receive News & Ratings for ASOS PLC/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASOS PLC/ADR and related companies with MarketBeat.com's FREE daily email newsletter.