Dave Murray Acquires 5,800 Shares of ASOS Plc (LON:ASC) Stock

ASOS Plc (LON:ASC) insider Dave Murray acquired 5,800 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were bought at an average price of GBX 346 ($4.50) per share, for a total transaction of £20,068 ($26,123.41).

ASOS Price Performance

Shares of ASOS stock opened at GBX 340 ($4.43) on Friday. The company has a current ratio of 1.51, a quick ratio of 0.39 and a debt-to-equity ratio of 158.84. The stock has a market capitalization of £404.97 million, a price-to-earnings ratio of -170.85, a P/E/G ratio of -1.26 and a beta of 2.86. ASOS Plc has a 1-year low of GBX 328.84 ($4.28) and a 1-year high of GBX 453.80 ($5.91). The firm’s 50-day moving average price is GBX 405.16 and its two-hundred day moving average price is GBX 376.20.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ASC. Berenberg Bank reiterated a “buy” rating and set a GBX 490 ($6.38) price objective on shares of ASOS in a research report on Thursday, September 5th. Shore Capital reissued a “hold” rating on shares of ASOS in a research report on Tuesday. Finally, Barclays lowered shares of ASOS to an “underweight” rating and cut their price objective for the company from GBX 300 ($3.91) to GBX 290 ($3.78) in a research report on Monday, September 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, ASOS has a consensus rating of “Hold” and a consensus price target of GBX 391 ($5.09).

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.