Asos Pls (OTCMKTS:ASOMY) Shares Gap Up – Should You Buy?

Asos Pls (OTCMKTS:ASOMY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $5.70, but opened at $6.26. Asos Pls shares last traded at $6.26, with a volume of 1,843 shares changing hands.

Analyst Ratings Changes

Separately, Barclays upgraded shares of Asos Pls from a “strong sell” rating to a “hold” rating in a report on Monday, September 7th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Asos Pls Stock Up 8.9%

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 stock has a 50 day simple moving average of $5.26 and a 200-day simple moving average of $4.02.

Asos Pls Company Profile

ASOS plc is a global online fashion retailer headquartered in the United Kingdom. The company sells clothing, footwear, accessories, beauty products and related items through its digital platforms, primarily serving fashion-conscious younger consumers.

ASOS offers products from a range of third-party brands alongside its own labels, including ASOS DESIGN and other proprietary fashion and beauty ranges. Its online retail model includes apparel collections for women and men, as well as beauty, grooming and lifestyle products.

Founded in 2000, ASOS has expanded beyond the United Kingdom to serve customers across multiple international markets, including Europe, the United States and Australia.