Watches of Switzerland Group (LON:WOSG) Shares Down 0.6% – What’s Next?

Watches of Switzerland Group plc (LON:WOSG)’s stock price was down 0.6% during trading on Friday . The stock traded as low as GBX 518 ($6.54) and last traded at GBX 520 ($6.57). Approximately 332,171 shares were traded during trading, a decline of 69% from the average daily volume of 1,077,430 shares. The stock had previously closed at GBX 523 ($6.61).

Analyst Ratings Changes

A number of research firms recently weighed in on WOSG. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 575 ($7.26) price objective on shares of Watches of Switzerland Group in a report on Friday, December 6th. Shore Capital restated a “not rated” rating on shares of Watches of Switzerland Group in a report on Friday, December 6th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Watches of Switzerland Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 480 ($6.06).

Watches of Switzerland Group Stock Down 0.6 %

The stock’s 50-day moving average price is GBX 544.56 and its two-hundred day moving average price is GBX 472.22. 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 stock has a market capitalization of £1.26 billion, a P/E ratio of 21.10, a P/E/G ratio of 1.56 and a beta of 2.17.

Watches of Switzerland Group (LON:WOSG) last announced its quarterly earnings data on Thursday, December 5th. The company reported GBX 18.10 ($0.23) earnings per share for the quarter. Watches of Switzerland Group had a return on equity of 11.38% and a net margin of 3.84%. As a group, research analysts expect that Watches of Switzerland Group plc will post 42.739726 earnings per share for the current fiscal year.

Watches of Switzerland Group Company Profile

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.