Watches of Switzerland Group plc (LON:WOSG - Get Free Report) shares were down 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). Approximately 4,602,500 shares traded hands during trading, an increase of 219% from the average daily volume of 1,442,017 shares. The stock had previously closed at GBX 421.60 ($5.76).
Analysts Set New Price Targets
Separately, Shore Capital reiterated a "not rated" rating on shares of Watches of Switzerland Group in a report on Thursday.
Check Out Our Latest Research Report on Watches of Switzerland Group
Watches of Switzerland Group Trading Down 2.9%
The company's fifty day moving average is GBX 401.07 and its two-hundred day moving average is GBX 449.21. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95. The company has a market cap of £910.26 million, a price-to-earnings ratio of 15.29, a P/E/G ratio of 1.56 and a beta of 2.17.
Watches of Switzerland Group (LON:WOSG - Get Free Report) last released 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%. On average, research analysts anticipate that Watches of Switzerland Group plc will post 42.739726 EPS for the current year.
Insider Buying and Selling
In related news, insider Ian Carter acquired 27,500 shares of the stock in a transaction on Friday, April 11th. The shares were acquired at an average price of GBX 347 ($4.74) per share, for a total transaction of £95,425 ($130,308.62). Corporate insiders own 4.16% of the company's stock.
Watches of Switzerland Group Company Profile
(
Get Free Report)
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.
See Also
Before you consider Watches of Switzerland Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Watches of Switzerland Group wasn't on the list.
While Watches of Switzerland Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
