ASOS Plc (OTCMKTS:ASOMF – Get Free Report) shares were down 21.4% during mid-day trading on Monday . The company traded as low as $2.91 and last traded at $2.91. Approximately 270 shares traded hands during trading, a decline of 91% from the average daily volume of 3,023 shares. The stock had previously closed at $3.70.
ASOS Stock Down 21.4%
The firm has a 50 day simple moving average of $3.82 and a 200 day simple moving average of $3.65.
ASOS Company Profile
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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