ASOS (OTCMKTS:ASOMF) Trading 2.1% Higher – Should You Buy?

ASOS Plc (OTCMKTS:ASOMFGet Free Report) shares traded up 2.1% during trading on Thursday . The company traded as high as $3.5950 and last traded at $3.5950. 300 shares were traded during mid-day trading, a decline of 45% from the average session volume of 550 shares. The stock had previously closed at $3.5205.

ASOS Trading Up 3.8%

The company’s 50-day simple moving average is $3.26 and its 200-day simple moving average is $3.61.

ASOS Company Profile

(Get Free Report)

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.

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