Asos Pls (OTCMKTS:ASOMY) Shares Gap Up – Here’s What Happened

Asos Pls (OTCMKTS:ASOMY) shares gapped up prior to trading on Thursday . The stock had previously closed at $3.8140, but opened at $4.24. Asos Pls shares last traded at $4.24, with a volume of 106 shares traded.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised shares of Asos Pls to a “strong-buy” rating in a research note on Wednesday, March 25th. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock has an average rating of “Strong Buy”.

Asos Pls Price Performance

The company has a quick ratio of 0.40, a current ratio of 0.95 and a debt-to-equity ratio of 7.14. The firm has a fifty day simple moving average of $3.45 and a two-hundred day simple moving average of $3.55.

Asos Pls Company Profile

ASOS PLS (OTCMKTS:ASOMY) is an international online fashion retailer headquartered in London, United Kingdom. Since its founding in 2000 as AsSeenOnScreen, the company has focused on providing trend-driven clothing, footwear and accessories to a predominantly young adult audience. ASOS operates a direct-to-consumer e-commerce platform that features both its own in-house brands and a curated selection of third-party labels, with an emphasis on fast fashion and seasonal collections.

The company’s product offering spans womenswear, menswear, swimwear, activewear, shoes, bags, jewellery and beauty items.