ASOS Plc (LON:ASC) Insider William Barker Purchases 150,000 Shares of Stock

ASOS Plc (LON:ASC) insider William Barker purchased 150,000 shares of the business’s stock in a transaction dated Wednesday, November 20th. The shares were purchased at an average cost of GBX 367 ($4.62) per share, with a total value of £550,500 ($693,063.07).

William Barker also recently made the following trade(s):

• On Monday, November 18th, William Barker purchased 381,673 shares of ASOS stock. The shares were purchased at an average cost of GBX 361 ($4.54) per share, with a total value of £1,377,839.53 ($1,734,658.86).

ASOS Trading Up 0.1 %

Shares of ASC stock opened at GBX 367.40 ($4.63) on Friday. The firm’s 50 day moving average price is GBX 398.66 and its two-hundred day moving average price is GBX 377.46. ASOS Plc has a fifty-two week low of GBX 328.84 ($4.14) and a fifty-two week high of GBX 453.80 ($5.71). The company has a quick ratio of 0.39, a current ratio of 1.51 and a debt-to-equity ratio of 158.84. The stock has a market cap of £437.61 million, a price-to-earnings ratio of -182.61, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ASC. Barclays cut ASOS to an “underweight” rating and dropped their price objective for the stock from GBX 300 ($3.78) to GBX 290 ($3.65) in a research report on Monday, September 9th. Shore Capital restated a “hold” rating on shares of ASOS in a report on Tuesday, November 5th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 490 ($6.17) price target on shares of ASOS in a report on Thursday, September 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, ASOS presently has an average rating of “Hold” and an average price target of GBX 391 ($4.92).

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.