Asos Pls (ASOMY) Projected to Release Quarterly Earnings on Monday

Asos Pls (OTCMKTS:ASOMY) will likely be issuing its resultson Monday, October 12th. Analysts expect the company to announce earnings of $0.1207 per share and revenue of $1.51 billion for the quarter.

Asos Pls Price Performance

Shares of Asos Pls stock opened at $5.49 on Friday. The firm’s fifty day simple moving average is $5.61 and its 200-day simple moving average is $4.26. Asos Pls has a 12 month low of $2.49 and a 12 month high of $6.72. The company has a quick ratio of 0.40, a current ratio of 0.95 and a debt-to-equity ratio of 7.14.

Wall Street Analyst Weigh In

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

About Asos Pls

ASOS plc is a United Kingdom-based online fashion and beauty retailer serving primarily young adult consumers. The company sells clothing, footwear, accessories, beauty products and related merchandise through its websites and mobile platforms.

ASOS offers products from its own-label brands, including ASOS DESIGN, as well as merchandise from a broad range of third-party fashion and beauty brands. Its assortment covers womenswear and menswear, with products spanning everyday clothing, occasionwear, activewear, footwear, accessories and cosmetics.

Founded in 2000 as “AsSeenOnScreen,” the company has expanded from a UK-focused online retailer into an international e-commerce business.