ASOS Plc (LON:ASC) Receives Consensus Rating of “Hold” from Brokerages

Shares of ASOS Plc (LON:ASC) have received a consensus rating of “Hold” from the six research firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 391 ($4.77).

Separately, Shore Capital restated a “hold” rating on shares of ASOS in a research report on Tuesday, November 5th.

ASOS Stock Down 1.0 %

ASC opened at GBX 397 ($4.85) on Wednesday. The company has a fifty day moving average price of GBX 390.80 and a 200-day moving average price of GBX 387.34. The firm has a market capitalization of £472.87 million, a P/E ratio of -199.50, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 158.84, a current ratio of 1.51 and a quick ratio of 0.39. ASOS has a one year low of GBX 328.84 ($4.01) and a one year high of GBX 454.20 ($5.55).

Insiders Place Their Bets

In related news, insider José Antonio Ramos Calamonte sold 1,991 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of GBX 336 ($4.10), for a total transaction of £6,689.76 ($8,167.21). Also, insider William Barker purchased 381,673 shares of ASOS stock in a transaction that occurred on Monday, November 18th. The shares were bought at an average price of GBX 361 ($4.41) per share, for a total transaction of £1,377,839.53 ($1,682,138.36). Insiders acquired 537,473 shares of company stock valued at $194,840,753 over the last three months. Insiders own 51.44% of the company’s stock.

ASOS Company Profile

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.