Asos Pls (OTCMKTS:ASOMY) Trading Up 0.1% – Here’s Why

Asos Pls (OTCMKTS:ASOMY) was up 0.1% during mid-day trading on Wednesday . The stock traded as high as $4.0040 and last traded at $4.0040. Approximately 130 shares were traded during trading, a decline of 81% from the average daily volume of 678 shares. The stock had previously closed at $4.00.

Wall Street Analyst Weigh In

Separately, Peel Hunt raised shares of Asos Pls to a “strong-buy” rating in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Asos Pls Stock Performance

The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.49 and a current ratio of 1.02. The firm’s fifty day moving average price is $3.42 and its 200 day moving average price is $3.77.

About Asos Pls

ASOS PLS (OTCMKTS:ASOMY) is an international online fashion retailer headquartered in London, United Kingdom. Since its founding in 2000 as AsSeenOnScreen, the company has focused on providing trend-driven clothing, footwear and accessories to a predominantly young adult audience. ASOS operates a direct-to-consumer e-commerce platform that features both its own in-house brands and a curated selection of third-party labels, with an emphasis on fast fashion and seasonal collections.

The company’s product offering spans womenswear, menswear, swimwear, activewear, shoes, bags, jewellery and beauty items.