StockNews.com upgraded shares of Fossil Group (NASDAQ:FOSL – Free Report) from a hold rating to a buy rating in a research report report published on Saturday.
Fossil Group Stock Down 7.1 %
Fossil Group stock opened at $1.43 on Friday. Fossil Group has a fifty-two week low of $0.75 and a fifty-two week high of $2.61. The company has a market cap of $76.16 million, a PE ratio of -0.61 and a beta of 2.12. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.10 and a current ratio of 1.81. The business’s 50-day simple moving average is $1.64 and its two-hundred day simple moving average is $1.47.
Fossil Group (NASDAQ:FOSL – Get Free Report) last issued its earnings results on Wednesday, March 12th. The accessories brand company reported $0.39 EPS for the quarter. Fossil Group had a negative return on equity of 40.95% and a negative net margin of 10.07%. The firm had revenue of $342.30 million for the quarter.
Institutional Trading of Fossil Group
About Fossil Group
Fossil Group, Inc, together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. The company’s products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses.
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