Asos Pls (ASOMY) Projected to Announce Earnings on Monday

Asos Pls (OTCMKTS:ASOMY) is expected to be posting its resultson Monday, October 12th. Analysts expect the company to announce earnings of $0.1207 per share and revenue of $1.51 billion for the quarter.

Asos Pls Stock Performance

OTCMKTS:ASOMY opened at $5.49 on Friday. The company has a debt-to-equity ratio of 7.14, a current ratio of 0.95 and a quick ratio of 0.40. The stock’s 50 day simple moving average is $5.61 and its 200-day simple moving average is $4.26. Asos Pls has a 12-month low of $2.49 and a 12-month high of $6.72.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Asos Pls from a “strong sell” rating to a “hold” rating in a research note on Monday, September 7th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy”.

Asos Pls Company Profile

ASOS plc is a United Kingdom-based online fashion and beauty retailer serving primarily young adult consumers. The company sells clothing, footwear, accessories, beauty products and related merchandise through its websites and mobile platforms.

ASOS offers products from its own-label brands, including ASOS DESIGN, as well as merchandise from a broad range of third-party fashion and beauty brands. Its assortment covers womenswear and menswear, with products spanning everyday clothing, occasionwear, activewear, footwear, accessories and cosmetics.

Founded in 2000 as “AsSeenOnScreen,” the company has expanded from a UK-focused online retailer into an international e-commerce business.