Asos Pls (OTCMKTS:ASOMY) Sets New 12-Month High – Should You Buy?

Asos Pls (OTCMKTS:ASOMYGet Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $4.89 and last traded at $4.75, with a volume of 8021 shares. The stock had previously closed at $4.52.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded Asos Pls to a “strong-buy” rating in a report on Wednesday, March 25th. Two investment analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Strong Buy”.

Check Out Our Latest Stock Analysis on Asos Pls

Asos Pls Stock Down 5.1%

The company has a debt-to-equity ratio of 7.14, a quick ratio of 0.40 and a current ratio of 0.95. The business’s 50 day moving average is $3.66 and its two-hundred day moving average is $3.59.

About Asos Pls

(Get Free Report)

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.

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