Fossil Group, Inc. (NASDAQ:FOSL - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.43 and traded as high as $1.80. Fossil Group shares last traded at $1.76, with a volume of 270,588 shares.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of Fossil Group from a "hold" rating to a "buy" rating in a research note on Monday, November 11th.
Get Our Latest Analysis on Fossil Group
Fossil Group Trading Down 5.5 %
The company has a market cap of $81.92 million, a P/E ratio of -0.66 and a beta of 2.18. The business has a fifty day simple moving average of $1.77 and a 200 day simple moving average of $1.43. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.10 and a current ratio of 1.81.
Insider Buying and Selling at Fossil Group
In other Fossil Group news, CEO Franco Fogliato acquired 111,175 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was acquired at an average price of $1.37 per share, with a total value of $152,309.75. Following the transaction, the chief executive officer now directly owns 1,611,175 shares in the company, valued at approximately $2,207,309.75. This represents a 7.41 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 7.80% of the stock is owned by insiders.
Hedge Funds Weigh In On Fossil Group
A number of large investors have recently bought and sold shares of the business. LVW Advisors LLC acquired a new stake in shares of Fossil Group during the 4th quarter worth approximately $100,000. XTX Topco Ltd bought a new position in Fossil Group during the 3rd quarter worth $48,000. RBF Capital LLC increased its position in Fossil Group by 12.7% in the third quarter. RBF Capital LLC now owns 289,679 shares of the accessories brand company's stock worth $339,000 after buying an additional 32,580 shares during the period. Bridgeway Capital Management LLC lifted its stake in Fossil Group by 193.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 323,300 shares of the accessories brand company's stock valued at $540,000 after buying an additional 213,300 shares during the last quarter. Finally, Fund 1 Investments LLC boosted its holdings in shares of Fossil Group by 286.1% during the fourth quarter. Fund 1 Investments LLC now owns 388,485 shares of the accessories brand company's stock valued at $649,000 after acquiring an additional 287,864 shares during the period. Institutional investors own 61.14% of the company's stock.
Fossil Group Company Profile
(
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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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