ASOS (OTCMKTS:ASOMF) Trading 6.7% Higher – Time to Buy?

ASOS Plc (OTCMKTS:ASOMF) shares traded up 6.7% on Tuesday . The stock traded as high as $3.98 and last traded at $3.98. 333 shares changed hands during trading, a decline of 11% from the average session volume of 375 shares. The stock had previously closed at $3.73.

ASOS Stock Up 6.7%

The firm has a fifty day moving average price of $3.47 and a 200 day moving average price of $3.64.

ASOS Company Profile

ASOS plc is a leading online fashion and beauty retailer headquartered in London, United Kingdom. Founded in 2000 by Nick Robertson, Quentin Griffiths, Andrew Regan and Deborah Thorpe as “As Seen On Screen,” the company initially sold clothing inspired by celebrity styles. Over time, ASOS evolved into a comprehensive e-commerce platform, offering its own-brand apparel, footwear, accessories and beauty products alongside a broad range of third-party labels. In the mid-2010s, the company expanded its model by launching a marketplace that enables independent brands and boutique sellers to reach ASOS’s global customer base.

ASOS serves millions of customers in more than 200 territories worldwide, with key markets in the United Kingdom, Continental Europe, the United States and Australia.