Watches of Switzerland Group (LON:WOSG) Shares Down 0.2% - Time to Sell?

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.

Watches of Switzerland Group plc (LON:WOSG - Get Free Report)'s stock price was down 0.2% during mid-day trading on Friday . The stock traded as low as GBX 353.20 ($4.72) and last traded at GBX 357.80 ($4.78). Approximately 3,935,218 shares changed hands during trading, an increase of 178% from the average daily volume of 1,414,707 shares. The stock had previously closed at GBX 358.60 ($4.79).

Wall Street Analyst Weigh In

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

Watches of Switzerland Group Stock Up 0.3%

The company has a quick ratio of 0.48, a current ratio of 1.95 and a debt-to-equity ratio of 109.69. The stock has a market cap of £860.34 million, a PE ratio of 14.45, a P/E/G ratio of 1.56 and a beta of 2.17. The business has a 50 day moving average price of GBX 397.96 and a 200 day moving average price of GBX 428.16.

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