Fossil Group, Inc. (NASDAQ:FOSL - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.30 and traded as high as $2.04. Fossil Group shares last traded at $1.87, with a volume of 597,666 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Fossil Group from a "hold" rating to a "buy" rating in a research note on Monday, November 11th.
Read Our Latest Research Report on FOSL
Fossil Group Trading Down 1.1 %
The company has a quick ratio of 1.10, a current ratio of 1.81 and a debt-to-equity ratio of 1.07. The firm has a market cap of $98.41 million, a P/E ratio of -0.79 and a beta of 2.25. The business's 50 day moving average is $1.42 and its 200-day moving average is $1.30.
Insider Transactions at Fossil Group
In related news, CEO Franco Fogliato acquired 111,175 shares of the firm's stock in a transaction dated Tuesday, November 26th. The stock was acquired at an average cost of $1.37 per share, for a total transaction of $152,309.75. Following the completion of the acquisition, the chief executive officer now directly owns 1,611,175 shares of the company's stock, valued at approximately $2,207,309.75. The trade was a 7.41 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 7.80% of the company's stock.
Hedge Funds Weigh In On Fossil Group
Large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in Fossil Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 2,672,340 shares of the accessories brand company's stock worth $2,726,000 after purchasing an additional 15,279 shares during the last quarter. Nantahala Capital Management LLC lifted its position in shares of Fossil Group by 45.8% during the second quarter. Nantahala Capital Management LLC now owns 1,905,278 shares of the accessories brand company's stock worth $2,696,000 after purchasing an additional 598,940 shares in the last quarter. RBF Capital LLC raised its stake in shares of Fossil Group by 12.7% during 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 last quarter. Price T Rowe Associates Inc. MD boosted its stake in Fossil Group by 97.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 99,488 shares of the accessories brand company's stock worth $102,000 after acquiring an additional 49,100 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in Fossil Group during the 2nd quarter worth approximately $131,000. Institutional investors own 61.14% of the company's stock.
Fossil Group Company Profile
(
Get Free Report)
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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