ASOS (LON:ASC) Shares Up 9.4% – Here’s What Happened

Shares of ASOS Plc (LON:ASCGet Free Report) were up 9.4% during mid-day trading on Thursday . The company traded as high as GBX 257.30 ($3.35) and last traded at GBX 251.72 ($3.27). Approximately 430,630 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 471,009 shares. The stock had previously closed at GBX 230 ($2.99).

ASOS Stock Up 13.0 %

The company has a current ratio of 1.61, a quick ratio of 0.39 and a debt-to-equity ratio of 187.55. The stock’s 50-day simple moving average is GBX 357.55 and its 200-day simple moving average is GBX 385.35. The firm has a market capitalization of £311.66 million, a P/E ratio of -0.92, a P/E/G ratio of -1.26 and a beta of 2.86.

About ASOS

(Get Free Report)

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.

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