ASOS Plc (LON:ASC) Insider Buys £1,377,839.53 in Stock

ASOS Plc (LON:ASC) insider William Barker purchased 381,673 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were bought at an average cost of GBX 361 ($4.54) per share, for a total transaction of £1,377,839.53 ($1,734,658.86).

William Barker also recently made the following trade(s):

• On Wednesday, November 20th, William Barker purchased 150,000 shares of ASOS stock. The shares were bought at an average cost of GBX 367 ($4.62) per share, for a total transaction of £550,500 ($693,063.07).

ASOS Stock Up 0.1 %

Shares of LON ASC opened at GBX 367.40 ($4.63) on Friday. The company has a market capitalization of £437.61 million, a P/E ratio of -182.61, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. ASOS Plc has a 52-week low of GBX 328.84 ($4.14) and a 52-week high of GBX 453.80 ($5.71). 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 company’s 50 day moving average price is GBX 398.66 and its 200-day moving average price is GBX 377.46.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on ASC shares. Shore Capital reaffirmed a “hold” rating on shares of ASOS in a report on Tuesday, November 5th. Berenberg Bank reissued a “buy” rating and set a GBX 490 ($6.17) target price on shares of ASOS in a report on Thursday, September 5th. Finally, Barclays lowered shares of ASOS to an “underweight” rating and reduced their target price for the stock from GBX 300 ($3.78) to GBX 290 ($3.65) in a report on Monday, September 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of GBX 391 ($4.92).

About ASOS

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.