Fossil Group, Inc. (NASDAQ:FOSL - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.44 and traded as high as $1.62. Fossil Group shares last traded at $1.58, with a volume of 100,053 shares trading hands.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the stock. Wall Street Zen raised shares of Fossil Group from a "hold" rating to a "buy" rating in a report on Friday, May 16th. Maxim Group assumed coverage on Fossil Group in a research note on Tuesday, July 1st. They set a "buy" rating and a $5.00 price target on the stock.
Get Our Latest Research Report on FOSL
Fossil Group Stock Down 3.0%
The company has a current ratio of 1.84, a quick ratio of 1.14 and a debt-to-equity ratio of 1.34. The firm has a 50 day moving average price of $1.50 and a 200-day moving average price of $1.43. The firm has a market cap of $85.28 million, a price-to-earnings ratio of -0.88 and a beta of 2.39.
Fossil Group (NASDAQ:FOSL - Get Free Report) last announced its earnings results on Wednesday, May 14th. The accessories brand company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $233.30 million for the quarter. Fossil Group had a negative return on equity of 23.80% and a negative net margin of 8.55%.
Institutional Investors Weigh In On Fossil Group
Large investors have recently bought and sold shares of the stock. Squarepoint Ops LLC purchased a new stake in shares of Fossil Group in the fourth quarter valued at $29,000. Raymond James Financial Inc. acquired a new position in Fossil Group in the 4th quarter valued at about $35,000. American Century Companies Inc. purchased a new position in Fossil Group in the 4th quarter valued at about $47,000. Jane Street Group LLC boosted its stake in shares of Fossil Group by 93.1% during 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 acquired a new stake in shares of Fossil Group during the 4th quarter worth about $54,000. Institutional investors and hedge funds own 61.14% of the company's stock.
Fossil Group Company Profile
(
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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