Asos Pls (OTCMKTS:ASOMY) Raised to Hold at Barclays

Asos Pls (OTCMKTS:ASOMYGet Free Report) was upgraded by analysts at Barclays from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday, Zacks reports.

Asos Pls Price Performance

Asos Pls stock opened at $5.58 on Monday. The company has a debt-to-equity ratio of 7.14, a current ratio of 0.95 and a quick ratio of 0.40. The firm has a fifty day simple moving average of $4.93 and a two-hundred day simple moving average of $3.88. Asos Pls has a twelve month low of $2.49 and a twelve month high of $5.64.

About Asos Pls

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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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