Watches of Switzerland Group (LON:WOSG) Stock Price Down 0.2% - What's Next?

Key Points

• The stock price of Watches of Switzerland Group decreased by 0.2%, closing at GBX 357.80 ($4.81) after reaching a low of GBX 353.20 ($4.75) during trading.
• The company reported earnings of GBX 41.60 ($0.56) per share, with an anticipated EPS of 42.74 for the current year, and a net margin of 3.84%.
• Watches of Switzerland Group is the largest luxury watch retailer in the UK, operating several prestigious brands across the UK, US, and Europe.

Shares of Watches of Switzerland Group plc (LON:WOSG - Get Free Report) traded down 0.2% during mid-day trading on Friday . The company traded as low as GBX 353.20 ($4.75) and last traded at GBX 357.80 ($4.81). 3,935,218 shares changed hands during trading, an increase of 178% from the average session volume of 1,414,707 shares. The stock had previously closed at GBX 358.60 ($4.82).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "not rated" rating on shares of Watches of Switzerland Group in a research report on Thursday, July 3rd.

Watches of Switzerland Group Stock Performance

The company has a market cap of £864.37 million, a PE ratio of 14.52, a price-to-earnings-growth 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. The business has a fifty day simple moving average of GBX 399.08 and a two-hundred day simple moving average of GBX 430.48.

Watches of Switzerland Group (LON:WOSG - Get Free Report) last announced its earnings results on Thursday, July 3rd. The company reported GBX 41.60 ($0.56) earnings per share for the quarter. Watches of Switzerland Group had a net margin of 3.84% and a return on equity of 11.38%. Research analysts anticipate that Watches of Switzerland Group plc will post 42.739726 earnings per share for the current year.

About Watches of Switzerland Group

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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