Watches of Switzerland Group (LON:WOSG) Shares Down 2.6% - Here's What Happened

Watches of Switzerland Group plc (LON:WOSG - Get Free Report)'s share price traded down 2.6% during mid-day trading on Monday . The company traded as low as GBX 339.60 ($4.50) and last traded at GBX 349.40 ($4.63). 1,172,049 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 1,656,576 shares. The stock had previously closed at GBX 358.80 ($4.75).

Watches of Switzerland Group Stock Performance

The company has a current ratio of 1.95, a quick ratio of 0.48 and a debt-to-equity ratio of 109.69. The firm's fifty day moving average is GBX 394.09 and its 200 day moving average is GBX 468.81. The company has a market cap of £853.25 million, a PE ratio of 14.33, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17.

Insider Transactions at Watches of Switzerland Group

In other Watches of Switzerland Group news, insider Ian Carter bought 27,500 shares of the firm's stock in a transaction on Friday, April 11th. The shares were acquired at an average cost of GBX 347 ($4.60) per share, with a total value of £95,425 ($126,424.22). Corporate insiders own 4.16% of the company's stock.

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), Hodinkee (US) and Analog:Shift (US) with a complementary jewellery offering.