Fossil Group, Inc. (NASDAQ:FOSL - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.23 and traded as high as $1.30. Fossil Group shares last traded at $1.19, with a volume of 201,921 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Fossil Group from a "hold" rating to a "buy" rating in a research note on Monday, November 11th.
Check Out Our Latest Stock Analysis on Fossil Group
Fossil Group Price Performance
The firm has a market cap of $62.24 million, a price-to-earnings ratio of -0.51 and a beta of 2.18. 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 has a 50 day simple moving average of $1.18 and a 200-day simple moving average of $1.23.
Institutional Investors Weigh In On Fossil Group
A number of hedge funds have recently modified their holdings of FOSL. Vanguard Personalized Indexing Management LLC grew its position in Fossil Group by 91.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 20,115 shares of the accessories brand company's stock worth $29,000 after acquiring an additional 9,624 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Fossil Group by 0.6% during the first quarter. Vanguard Group Inc. now owns 2,672,340 shares of the accessories brand company's stock valued at $2,726,000 after purchasing an additional 15,279 shares in the last quarter. Acadian Asset Management LLC grew its holdings in shares of Fossil Group by 3.3% during the first quarter. Acadian Asset Management LLC now owns 581,831 shares of the accessories brand company's stock valued at $592,000 after buying an additional 18,764 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of Fossil Group during the second quarter valued at approximately $28,000. Finally, RBF Capital LLC boosted its holdings 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 purchasing an additional 32,580 shares during the last quarter. Institutional investors own 61.14% of the company's stock.
About Fossil Group
(
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.
Further Reading
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