Watches of Switzerland Group (LON:WOSG) Stock Price Down 7% - Time to Sell?

Watches of Switzerland Group plc (LON:WOSG - Get Free Report) fell 7% during mid-day trading on Friday . The stock traded as low as GBX 378.40 ($5.15) and last traded at GBX 392.18 ($5.34). 4,602,500 shares changed hands during mid-day trading, an increase of 219% from the average session volume of 1,442,017 shares. The stock had previously closed at GBX 421.60 ($5.74).

Analyst Ratings Changes

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

Watches of Switzerland Group Stock Down 1.0%

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 market capitalization of £901.08 million, a PE ratio of 15.14, a PEG ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95.

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) 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%. On average, sell-side analysts anticipate that Watches of Switzerland Group plc will post 42.739726 EPS for the current fiscal year.

Insider Buying and Selling at Watches of Switzerland Group

In related news, insider Ian Carter purchased 27,500 shares of the business's stock in a transaction on Friday, April 11th. The stock was acquired at an average price of GBX 347 ($4.72) per share, with a total value of £95,425 ($129,882.95). 4.16% of the stock is currently owned by insiders.

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.