ASOS (OTCMKTS:ASOMY) Shares Down 3.7% – What’s Next?

ASOS Plc (OTCMKTS:ASOMY) shares dropped 3.7% during trading on Thursday . The stock traded as low as $5.24 and last traded at $5.24. Approximately 201 shares changed hands during trading, a decline of 89% from the average daily volume of 1,802 shares. The stock had previously closed at $5.44.

Analyst Upgrades and Downgrades

ASOMY has been the topic of several analyst reports. Barclays upgraded ASOS to a “strong sell” rating in a research note on Tuesday, September 10th. Berenberg Bank raised shares of ASOS to a “strong-buy” rating in a research note on Thursday, September 5th.

ASOS Price Performance

The company has a current ratio of 1.51, a quick ratio of 0.64 and a debt-to-equity ratio of 1.53. The firm’s fifty day moving average is $5.23 and its 200-day moving average is $4.78.

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.