ASOS (OTCMKTS:ASOMY) Upgraded to Hold at Hsbc Global Res

Hsbc Global Res upgraded shares of ASOS (OTCMKTS:ASOMY) from a moderate sell rating to a hold rating in a research note published on Thursday morning,Zacks.com reports.

ASOS Stock Performance

Shares of ASOS stock opened at $3.28 on Thursday. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.61 and a quick ratio of 0.88. The business has a fifty day simple moving average of $4.62 and a two-hundred day simple moving average of $4.94. ASOS has a 12 month low of $3.17 and a 12 month high of $5.89.

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.