Fossil Group, Inc. (NASDAQ:FOSL - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $1.42 and traded as high as $1.77. Fossil Group shares last traded at $1.72, with a volume of 256,576 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on FOSL shares. Maxim Group started coverage on Fossil Group in a report on Tuesday, July 1st. They issued a "buy" rating and a $5.00 price target for the company. Wall Street Zen raised Fossil Group from a "hold" rating to a "buy" rating in a report on Friday, May 16th.
Get Our Latest Analysis on Fossil Group
Fossil Group Trading Up 3.0%
The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.14 and a current ratio of 1.84. The business has a fifty day simple moving average of $1.57 and a 200 day simple moving average of $1.42. The company has a market cap of $92.24 million, a P/E ratio of -0.96 and a beta of 2.53.
Fossil Group (NASDAQ:FOSL - Get Free Report) last released its earnings results on Wednesday, May 14th. The accessories brand company reported ($0.10) EPS for the quarter. Fossil Group had a negative return on equity of 23.80% and a negative net margin of 8.55%. The firm had revenue of $233.30 million for the quarter.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of FOSL. Squarepoint Ops LLC bought a new stake in shares of Fossil Group in the 4th quarter worth approximately $29,000. Raymond James Financial Inc. bought a new stake in shares of Fossil Group in the 4th quarter worth approximately $35,000. American Century Companies Inc. bought a new stake in shares of Fossil Group in the 4th quarter worth approximately $47,000. Jane Street Group LLC lifted its holdings in shares of Fossil Group by 93.1% in the 1st quarter. Jane Street Group LLC now owns 42,584 shares of the accessories brand company's stock worth $49,000 after purchasing an additional 20,530 shares during the last quarter. Finally, Walleye Capital LLC bought a new stake in shares of Fossil Group in the 4th quarter worth approximately $54,000. Institutional investors own 61.14% of the company's stock.
About Fossil Group
(
Get Free Report)
Fossil Group, Inc, together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. The company's products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses.
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