Asos Pls (OTCMKTS:ASOMY) Shares Gap Up – Here’s What Happened

Asos Pls (OTCMKTS:ASOMYGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $3.8140, but opened at $4.24. Asos Pls shares last traded at $4.24, with a volume of 106 shares trading hands.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on ASOMY

Asos Pls Stock Performance

The firm has a 50 day moving average price of $3.45 and a 200-day moving average price of $3.55. The company has a quick ratio of 0.40, a current ratio of 0.95 and a debt-to-equity ratio of 7.14.

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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