ASOS Plc (LON:ASC) Insider Buys £20,068 in Stock

ASOS Plc (LON:ASC) insider Dave Murray purchased 5,800 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was bought at an average cost of GBX 346 ($4.50) per share, with a total value of £20,068 ($26,123.41).

ASOS Stock Down 2.7 %

Shares of LON ASC traded down GBX 9.40 ($0.12) on Wednesday, reaching GBX 342 ($4.45). 571,859 shares of the company’s stock traded hands, compared to its average volume of 394,038. ASOS Plc has a 12 month low of GBX 328.84 ($4.28) and a 12 month high of GBX 453.80 ($5.91). The business’s 50 day simple moving average is GBX 405.64 and its two-hundred day simple moving average is GBX 376.70. The company has a market cap of £407.36 million, a price-to-earnings ratio of -176.58, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The company has a quick ratio of 0.39, a current ratio of 1.51 and a debt-to-equity ratio of 158.84.

Analyst Ratings Changes

A number of research firms recently issued reports on ASC. Barclays downgraded shares of ASOS to an “underweight” rating and decreased their price target for the stock from GBX 300 ($3.91) to GBX 290 ($3.78) in a research note on Monday, September 9th. Shore Capital reissued a “hold” rating on shares of ASOS in a research note on Tuesday. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 490 ($6.38) price target on shares of ASOS in a research note on Thursday, September 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 391 ($5.09).

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.