ASOS (OTCMKTS:ASOMY) Trading Down 3.7% – Should You Sell?

ASOS Plc (OTCMKTS:ASOMY) fell 3.7% during trading on Wednesday . The stock traded as low as $4.94 and last traded at $4.94. 102 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 1,777 shares. The stock had previously closed at $5.13.

Wall Street Analyst Weigh In

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

ASOS Stock Performance

The company has a debt-to-equity ratio of 1.82, a quick ratio of 0.88 and a current ratio of 1.61. The company has a 50 day moving average price of $4.83 and a 200-day moving average price of $4.89.

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.