ASOS Plc (LON:ASC) Insider William Barker Purchases 381,673 Shares of Stock

ASOS Plc (LON:ASC) insider William Barker purchased 381,673 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were purchased at an average cost of GBX 361 ($4.58) per share, with a total value of £1,377,839.53 ($1,748,527.32).

ASOS Trading Up 0.4 %

Shares of ASC opened at GBX 367.20 ($4.66) on Wednesday. The company has a current ratio of 1.51, a quick ratio of 0.39 and a debt-to-equity ratio of 158.84. ASOS Plc has a 1-year low of GBX 328.84 ($4.17) and a 1-year high of GBX 453.80 ($5.76). The stock has a market capitalization of £437.37 million, a P/E ratio of -183.37, a P/E/G ratio of -1.26 and a beta of 2.86. The business’s 50-day moving average price is GBX 401.07 and its 200 day moving average price is GBX 377.45.

Analyst Upgrades and Downgrades

ASC has been the subject of several research analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.22) price objective on shares of ASOS in a report on Thursday, September 5th. Shore Capital restated a “hold” rating on shares of ASOS in a research report on Tuesday, November 5th. Finally, Barclays downgraded shares of ASOS to an “underweight” rating and dropped their target price for the stock from GBX 300 ($3.81) to GBX 290 ($3.68) in a report on Monday, September 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 391 ($4.96).

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.