Asos Pls (ASOMY) Set to Post Quarterly Earnings on Thursday

Asos Pls (OTCMKTS:ASOMY) will likely be announcing its resultson Thursday, November 5th. Analysts expect the company to announce earnings of $0.1207 per share and revenue of $1.51 billion for the quarter.

Asos Pls Stock Performance

Shares of ASOMY opened at $5.50 on Tuesday. The business has a 50-day moving average of $5.77 and a 200 day moving average of $4.30. Asos Pls has a fifty-two week low of $2.49 and a fifty-two week high of $6.72. The company has a debt-to-equity ratio of 7.14, a current ratio of 0.95 and a quick ratio of 0.40.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of Asos Pls from a “strong sell” rating to a “hold” rating in a research report on Monday, September 7th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy”.

Asos Pls Company Profile

ASOS plc is a United Kingdom-based online fashion retailer that sells clothing, footwear, accessories and beauty products through its digital platforms. The company offers merchandise under its own ASOS Design and other proprietary brands, as well as products from a broad range of third-party fashion and lifestyle brands.

Founded in 2000 as AsSeenOnScreen, the company adopted the ASOS name as its business expanded beyond products associated with celebrities and popular culture. ASOS primarily targets fashion-conscious younger consumers and provides online shopping, mobile services, delivery and returns solutions, and various customer-focused digital features.

ASOS serves customers internationally through localized websites and delivery operations, with key markets including the United Kingdom, the United States, Europe and Australia.