ASOS Plc (ASOMY) Lowered to “Sell” at Zacks Investment Research

Zacks Investment Research cut shares of ASOS Plc (NASDAQ:ASOMY) from a hold rating to a sell rating in a report released on Monday morning.

According to Zacks, “ASOS Plc is an online fashion destination. It offers branded and own-branded product lines, including womenswear and menswear, footwear, accessories, jewelry and beauty and grooming products primarily through its Website, asos.com. The company operates primarily in the United Kingdom, France, Germany, Italy, Spain, Australia, the United States, Russia and China. ASOS Plc is based in London, United Kingdom. “

Shares of ASOS Plc (NASDAQ:ASOMY) remained flat at $75.58 on Monday. The company’s 50-day moving average is $75.97 and its 200 day moving average is $74.92. ASOS Plc has a 52-week low of $57.29 and a 52-week high of $83.24. The company has a market cap of $6.27 billion and a P/E ratio of 157.46.

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