ASOS (OTCMKTS:ASOMF) Shares Up 72.3% – Here’s Why

ASOS Plc (OTCMKTS:ASOMF – Get Free Report)’s stock price traded up 72.3% on Friday. The stock traded as high as $6.27 and last traded at $6.27. 548 shares changed hands during trading, a decline of 59% from the average session volume of 1,350 shares. The stock had previously closed at $3.64.

ASOS Trading Up 72.3%

The business’s 50-day simple moving average is $3.75 and its 200-day simple moving average is $3.57.

About ASOS

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ASOS plc is a United Kingdom-based online fashion and beauty retailer serving customers through its digital platforms. The company offers clothing, footwear, accessories, beauty products and related items for young adult customers, with selections for both women and men.

Founded in 2000, ASOS initially focused on selling clothing inspired by styles worn by celebrities before expanding into a broad online retail marketplace. Its offering includes ASOS-branded apparel and products from a range of third-party fashion and beauty brands.

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