ASOS Plc (LON:ASC) Insider Purchases £613,800 in Stock

ASOS Plc (LON:ASC) insider William Barker acquired 180,000 shares of the stock in a transaction on Wednesday, May 1st. The shares were bought at an average price of GBX 341 ($4.28) per share, for a total transaction of £613,800 ($771,008.67).

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

• On Wednesday, February 28th, William Barker bought 13,000 shares of ASOS stock. The shares were bought at an average price of GBX 365 ($4.58) per share, with a total value of £47,450 ($59,603.06).
• On Monday, February 26th, William Barker purchased 474,000 shares of ASOS stock. The stock was bought at an average price of GBX 364 ($4.57) per share, for a total transaction of £1,725,360 ($2,167,265.42).

ASOS Trading Up 1.8 %

LON ASC opened at GBX 356 ($4.47) on Friday. The company has a market cap of £424.81 million, a price-to-earnings ratio of -167.14, a price-to-earnings-growth ratio of -1.26 and a beta of 2.72. ASOS Plc has a twelve month low of GBX 320.33 ($4.02) and a twelve month high of GBX 743.20 ($9.34). The company has a quick ratio of 0.39, a current ratio of 1.73 and a debt-to-equity ratio of 115.59. The business’s fifty day moving average is GBX 354.07 and its 200 day moving average is GBX 377.14.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ASC. Shore Capital reiterated a “sell” rating on shares of ASOS in a research note on Wednesday, April 17th. Barclays restated an “equal weight” rating on shares of ASOS in a research report on Thursday, April 18th. JPMorgan Chase & Co. reduced their target price on ASOS from GBX 350 ($4.40) to GBX 300 ($3.77) and set a “neutral” rating on the stock in a report on Thursday, April 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 500 ($6.28) price target on shares of ASOS in a report on Thursday, April 18th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 375 ($4.71) price objective on shares of ASOS in a research note on Thursday, April 18th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of GBX 466.25 ($5.86).

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.