Watches of Switzerland Group plc (LON:WOSG - Get Free Report)'s stock price fell 7% during mid-day trading on Friday . The stock traded as low as GBX 378.40 ($5.16) and last traded at GBX 392.18 ($5.35). 4,602,500 shares traded 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 ($5.75).
Analyst Upgrades and Downgrades
Separately, Shore Capital reaffirmed a "not rated" rating on shares of Watches of Switzerland Group in a research note on Thursday.
Read Our Latest Research Report on Watches of Switzerland Group
Watches of Switzerland Group Stock Down 7.0%
The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95. The company has a market cap of £947.41 million, a PE ratio of 15.92, a PEG ratio of 1.56 and a beta of 2.17. The firm has a fifty day simple moving average of GBX 400.41 and a 200 day simple moving average of GBX 452.25.
Watches of Switzerland Group (LON:WOSG - Get Free Report) last posted its quarterly earnings results 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%. Equities research analysts predict that Watches of Switzerland Group plc will post 42.739726 EPS for the current year.
Insider Activity
In other news, insider Ian Carter bought 27,500 shares of the firm's stock in a transaction dated Friday, April 11th. The stock was acquired at an average price of GBX 347 ($4.74) per share, for a total transaction of £95,425 ($130,237.48). Insiders own 4.16% of the company's stock.
Watches of Switzerland Group Company Profile
(
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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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