ASOS Plc (LON:ASC) Receives Consensus Recommendation of “Hold” from Analysts

Shares of ASOS Plc (LON:ASC) have been assigned a consensus rating of “Hold” from the six brokerages that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 391 ($4.88).

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

Insider Transactions at ASOS

In other ASOS news, insider William Barker bought 381,673 shares of the business’s stock in a transaction on Monday, November 18th. The shares were bought at an average cost of GBX 361 ($4.50) per share, for a total transaction of £1,377,839.53 ($1,718,861.69). Also, insider José Antonio Ramos Calamonte sold 1,991 shares of ASOS stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of GBX 336 ($4.19), for a total transaction of £6,689.76 ($8,345.51). Over the last three months, insiders have purchased 537,473 shares of company stock worth $194,840,753. Corporate insiders own 51.44% of the company’s stock.

ASOS Trading Up 0.3 %

Shares of ASOS stock opened at GBX 412.40 ($5.14) on Wednesday. ASOS has a 12-month low of GBX 328.84 ($4.10) and a 12-month high of GBX 454.20 ($5.67). The stock has a market capitalization of £491.21 million, a P/E ratio of -207.24, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The company has a 50-day simple moving average of GBX 387.66 and a 200 day simple moving average of GBX 386.14. The company has a quick ratio of 0.39, a current ratio of 1.51 and a debt-to-equity ratio of 158.84.

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.