Asos Pls (OTCMKTS:ASOMY) Shares Gap Up – Still a Buy?

Asos Pls (OTCMKTS:ASOMY) shares gapped up before the market opened on Monday . The stock had previously closed at $4.0388, but opened at $4.4150. Asos Pls shares last traded at $4.4150, with a volume of 865 shares.

Wall Street Analyst Weigh In

Separately, Peel Hunt raised shares of Asos Pls to a “strong-buy” rating in a research note on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Asos Pls currently has an average rating of “Hold”.

Asos Pls Trading Up 5.3%

The stock’s fifty day simple moving average is $3.63 and its two-hundred day simple moving average is $3.76. The company has a quick ratio of 0.49, a current ratio of 1.02 and a debt-to-equity ratio of 2.84.

About Asos Pls

ASOS PLS (OTCMKTS:ASOMY) is an international online fashion retailer headquartered in London, United Kingdom. Since its founding in 2000 as AsSeenOnScreen, the company has focused on providing trend-driven clothing, footwear and accessories to a predominantly young adult audience. ASOS operates a direct-to-consumer e-commerce platform that features both its own in-house brands and a curated selection of third-party labels, with an emphasis on fast fashion and seasonal collections.

The company’s product offering spans womenswear, menswear, swimwear, activewear, shoes, bags, jewellery and beauty items.