Watches of Switzerland Group plc (LON:WOSG - Get Free Report)'s stock price fell 7% during mid-day trading on Thursday . The stock traded as low as GBX 378.40 ($5.17) and last traded at GBX 392.18 ($5.36). 4,602,500 shares traded hands during mid-day trading, an increase of 219% from the average session volume of 1,442,017 shares. The stock had previously closed at GBX 421.60 ($5.76).
Wall Street Analyst Weigh In
Separately, Shore Capital reaffirmed a "not rated" rating on shares of Watches of Switzerland Group in a research report on Thursday.
Get Our Latest Stock Report on Watches of Switzerland Group
Watches of Switzerland Group Stock Down 2.9%
The company's 50-day simple moving average is GBX 401.07 and its two-hundred day simple moving average is GBX 449.21. The firm has a market capitalization of £910.26 million, a P/E ratio of 15.29, a P/E/G ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48.
Watches of Switzerland Group (LON:WOSG - Get Free Report) last posted its quarterly earnings data on Thursday, July 3rd. The company reported GBX 41.60 ($0.57) EPS for the quarter. Watches of Switzerland Group had a return on equity of 11.38% and a net margin of 3.84%. As a group, research analysts expect that Watches of Switzerland Group plc will post 42.739726 earnings per share for the current year.
Insider Buying and Selling at Watches of Switzerland Group
In other news, insider Ian Carter acquired 27,500 shares of Watches of Switzerland Group stock in a transaction dated Friday, April 11th. The stock was purchased at an average cost of GBX 347 ($4.74) per share, with a total value of £95,425 ($130,308.62). 4.16% of the stock is currently owned by insiders.
Watches of Switzerland Group Company Profile
(
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Established in 2007 the Watches of Switzerland Group is the UK's largest luxury watch retailer, operating in the UK, US and Europe comprising seven prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering.
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