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, 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, 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,, as well as through social media platforms and magazines.

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

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