Watches of Switzerland Group plc (LON:WOSG - Get Free Report)'s stock price dropped 7% on Thursday . The company traded as low as GBX 378.40 ($5.17) and last traded at GBX 392.18 ($5.36). Approximately 4,602,500 shares changed 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).
Analyst Upgrades and Downgrades
Separately, Shore Capital restated a "not rated" rating on shares of Watches of Switzerland Group in a research report on Thursday.
View Our Latest Stock Analysis on Watches of Switzerland Group
Watches of Switzerland Group Trading Down 2.9%
The company has a market cap of £910.26 million, a PE ratio of 15.29, a P/E/G ratio of 1.56 and a beta of 2.17. The stock's 50 day moving average is GBX 401.07 and its 200-day moving average is GBX 449.21. The company has a quick ratio of 0.48, a current ratio of 1.95 and a debt-to-equity ratio of 109.69.
Watches of Switzerland Group (LON:WOSG - Get Free Report) last released its quarterly earnings results on Thursday, July 3rd. The company reported GBX 41.60 ($0.57) earnings per share (EPS) for the quarter. Watches of Switzerland Group had a net margin of 3.84% and a return on equity of 11.38%. As a group, sell-side analysts anticipate that Watches of Switzerland Group plc will post 42.739726 EPS for the current year.
Insider Transactions at Watches of Switzerland Group
In other Watches of Switzerland Group news, insider Ian Carter purchased 27,500 shares of the firm's stock in a transaction that occurred on Friday, April 11th. The shares were bought at an average price 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.
About Watches of Switzerland Group
(
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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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