ASOS (OTCMKTS:ASOMF) Rating Lowered to Underweight at Barclays

ASOS (OTCMKTS:ASOMF) was downgraded by Barclays from an “equal weight” rating to an “underweight” rating in a research report issued to clients and investors on Tuesday, Briefing.com reports.

ASOS Stock Performance

OTCMKTS:ASOMF opened at $4.65 on Tuesday. ASOS has a 1 year low of $4.07 and a 1 year high of $5.40. The firm’s fifty day simple moving average is $4.60 and its 200 day simple moving average is $4.55.

About ASOS

ASOS Plc operates as an online fashion retailer in the United Kingdom, the United States, Australia, France, Germany, Spain, Italy, Sweden, the Netherlands, Denmark, Poland, and internationally. It offers womenswear and menswear products. The company sells its products under the ASOS Design, ASOS Edition, ASOS Luxe, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge, HIIT, AsYou, Dark Future, UNRVLLD/SPPLY, Crooked Tongues, Daysocial, Actual, and Weekend Collective brands, as well as through third-party brands.