Fossil Group, Inc. (NASDAQ:FOSL - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.45 and traded as high as $1.60. Fossil Group shares last traded at $1.48, with a volume of 391,913 shares traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com raised Fossil Group from a "hold" rating to a "buy" rating in a research report on Monday, November 11th.
Check Out Our Latest Stock Analysis on Fossil Group
Fossil Group Stock Up 1.3 %
The business has a fifty day moving average of $1.72 and a 200 day moving average of $1.45. The stock has a market cap of $80.85 million, a price-to-earnings ratio of -0.65 and a beta of 2.18. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.81 and a quick ratio of 1.10.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of FOSL. Squarepoint Ops LLC bought a new position in shares of Fossil Group in the 4th quarter valued at approximately $29,000. Raymond James Financial Inc. bought a new position in shares of Fossil Group in the fourth quarter valued at approximately $35,000. American Century Companies Inc. bought a new position in shares of Fossil Group in the fourth quarter valued at approximately $47,000. XTX Topco Ltd bought a new position in shares of Fossil Group in the third quarter valued at approximately $48,000. Finally, Walleye Capital LLC bought a new position in shares of Fossil Group in the fourth quarter valued at approximately $54,000. 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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