ASOS (LON:ASC) Reaches New 1-Year High at $453.80

ASOS Plc (LON:ASC)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 453.80 ($5.97) and last traded at GBX 434 ($5.71), with a volume of 6572942 shares traded. The stock had previously closed at GBX 367.60 ($4.83).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 490 ($6.44) price objective on shares of ASOS in a research report on Thursday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, ASOS has an average rating of “Hold” and a consensus target price of GBX 443.33 ($5.83).

ASOS Stock Performance

The company has a market cap of £511.93 million, a PE ratio of -215.98, a P/E/G ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 158.84, a quick ratio of 0.39 and a current ratio of 1.51. The stock’s 50-day simple moving average is GBX 364 and its 200 day simple moving average is GBX 360.60.

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.