ASOS (LON:ASC) Shares Up 9.4% – Here’s What Happened

ASOS Plc (LON:ASC) shot up 9.4% on Thursday . The stock traded as high as GBX 257.30 ($3.35) and last traded at GBX 251.72 ($3.27). 430,630 shares traded hands during trading, a decline of 9% from the average session volume of 471,009 shares. The stock had previously closed at GBX 230 ($2.99).

ASOS Stock Up 13.0 %

The firm’s fifty day moving average price is GBX 357.55 and its two-hundred day moving average price is GBX 385.35. The stock has a market cap of £311.66 million, a price-to-earnings ratio of -0.92, a price-to-earnings-growth ratio of -1.26 and a beta of 2.86. The company has a debt-to-equity ratio of 187.55, a current ratio of 1.61 and a quick ratio of 0.39.

ASOS Company Profile

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.