ASOS (OTCMKTS:ASOMY) Earns “Overweight” Rating from JPMorgan Chase & Co.

ASOS (OTCMKTS:ASOMY)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a report issued on Thursday, The Fly reports.

ASOMY has been the subject of several other reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASOS in a report on Wednesday. Exane BNP Paribas lowered ASOS from an “outperform” rating to a “neutral” rating and set a 4,000.00 price objective for the company. in a report on Wednesday, September 8th. Barclays reissued an “equal weight” rating on shares of ASOS in a report on Friday, October 8th. UBS Group reissued a “neutral” rating on shares of ASOS in a report on Monday, September 27th. Finally, Societe Generale reaffirmed a “buy” rating on shares of ASOS in a report on Friday, July 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, ASOS currently has a consensus rating of “Hold” and a consensus price target of $2,040.00.

Shares of OTCMKTS:ASOMY traded down $0.88 during trading on Thursday, hitting $31.32. The company’s stock had a trading volume of 11,678 shares, compared to its average volume of 2,776. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.23 and a current ratio of 0.99. The company has a market capitalization of $3.13 billion, a PE ratio of 19.33 and a beta of 3.56. ASOS has a fifty-two week low of $31.29 and a fifty-two week high of $81.65. The stock’s 50-day moving average price is $47.20 and its two-hundred day moving average price is $60.87.

ASOS Company Profile

ASOS Plc engages in in the operation of a multi-platform offering fashion products for 20-somethings. The firm offers clothes and other fashion items available in retail. It operates through the following geographical segments: United Kingdom, United States, and European Union. The company was founded by Nicholas Jon Robertson and Quentin John Griffiths on June 2, 2000 and is headquartered in London, the United Kingdom.

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Analyst Recommendations for ASOS (OTCMKTS:ASOMY)

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