Fossil Group, Inc. (NASDAQ:FOSL - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.20 and traded as high as $1.33. Fossil Group shares last traded at $1.27, with a volume of 300,766 shares traded.
Fossil Group Stock Performance
The stock's fifty day moving average price is $1.15 and its two-hundred day moving average price is $1.20. The company has a market cap of $62.16 million, a P/E ratio of -0.38 and a beta of 2.18. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.22 and a current ratio of 1.94.
Fossil Group (NASDAQ:FOSL - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The accessories brand company reported ($0.47) earnings per share (EPS) for the quarter. Fossil Group had a negative net margin of 11.90% and a negative return on equity of 45.04%. The business had revenue of $260.00 million during the quarter.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in FOSL. AQR Capital Management LLC acquired a new stake in Fossil Group in the second quarter valued at approximately $28,000. Vanguard Personalized Indexing Management LLC grew its position in Fossil Group by 91.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 20,115 shares of the accessories brand company's stock valued at $29,000 after purchasing an additional 9,624 shares during the period. Price T Rowe Associates Inc. MD increased 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 valued at $102,000 after purchasing an additional 49,100 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Fossil Group during the second quarter worth $131,000. Finally, Acadian Asset Management LLC lifted its stake in shares of Fossil Group by 3.3% in 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 in the last quarter. 61.14% of the stock is owned by institutional investors and hedge funds.
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.
Further Reading
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