Watches of Switzerland Group plc (LON:WOSG - Get Free Report) dropped 7% on Thursday . The company traded as low as GBX 378.40 ($5.17) and last traded at GBX 392.18 ($5.35). Approximately 4,602,500 shares were traded during mid-day 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 Ratings Changes
Separately, Shore Capital reaffirmed a "not rated" rating on shares of Watches of Switzerland Group in a report on Thursday.
Get Our Latest Analysis on Watches of Switzerland Group
Watches of Switzerland Group Stock Performance
The company's fifty day simple moving average is GBX 400.01 and its 200 day simple moving average is GBX 453.63. The stock has a market capitalization of £947.41 million, a P/E ratio of 15.92, a P/E/G ratio of 1.56 and a beta of 2.17. The company has a current ratio of 1.95, a quick ratio of 0.48 and a debt-to-equity ratio of 109.69.
Watches of Switzerland Group (LON:WOSG - Get Free Report) last issued 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, sell-side analysts forecast that Watches of Switzerland Group plc will post 42.739726 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider Ian Carter acquired 27,500 shares of the stock in a transaction dated Friday, April 11th. The shares were purchased at an average price of GBX 347 ($4.74) per share, for a total transaction of £95,425 ($130,273.04). 4.16% of the stock is currently owned by corporate insiders.
About Watches of Switzerland Group
(
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
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