Watches of Switzerland Group plc (LON:WOSG - Get Free Report)'s share price traded down 7% during mid-day trading on Thursday . The company traded as low as GBX 378.40 ($5.17) and last traded at GBX 392.18 ($5.35). 4,602,500 shares changed hands during trading, an increase of 219% from the average session volume of 1,442,017 shares. The stock had previously closed at GBX 421.60 ($5.76).
Analyst Ratings Changes
Separately, Shore Capital reissued a "not rated" rating on shares of Watches of Switzerland Group in a report on Thursday.
View Our Latest Research Report on WOSG
Watches of Switzerland Group Trading Down 7.0%
The business's fifty day moving average price is GBX 400.41 and its 200 day moving average price is GBX 452.25. 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 firm has a market capitalization of £947.41 million, a PE ratio of 15.92, a P/E/G ratio of 1.56 and a beta of 2.17.
Watches of Switzerland Group (LON:WOSG - Get Free Report) last announced its earnings results on Thursday, July 3rd. The company reported GBX 41.60 ($0.57) 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, analysts expect that Watches of Switzerland Group plc will post 42.739726 EPS for the current fiscal year.
Insider Activity
In other Watches of Switzerland Group news, insider Ian Carter acquired 27,500 shares of the stock in a transaction dated Friday, April 11th. The stock was acquired at an average price of GBX 347 ($4.74) per share, with a total value of £95,425 ($130,273.04). 4.16% of the stock is owned by company 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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