Watches of Switzerland Group (LON:WOSG) Stock Price Down 2% - What's Next?

Watches of Switzerland Group plc (LON:WOSG - Get Free Report) shares dropped 2% during mid-day trading on Monday . The stock traded as low as GBX 512 ($6.37) and last traded at GBX 523.37 ($6.51). Approximately 293,463 shares were traded during trading, a decline of 82% from the average daily volume of 1,592,798 shares. The stock had previously closed at GBX 534.28 ($6.65).

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on WOSG shares. Shore Capital reissued a "not rated" rating on shares of Watches of Switzerland Group in a report on Friday, December 6th. Jefferies Financial Group restated a "buy" rating and issued a GBX 575 ($7.15) price objective on shares of Watches of Switzerland Group in a research note on Friday, December 6th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 496.67 ($6.18).

Watches of Switzerland Group Price Performance

The stock has a market cap of £1.26 billion, a price-to-earnings ratio of 2,107.68, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17. The company has a debt-to-equity ratio of 109.69, a quick ratio of 0.48 and a current ratio of 1.95. The company has a 50-day simple moving average of GBX 526.35 and a two-hundred day simple moving average of GBX 454.61.

Watches of Switzerland Group (LON:WOSG - Get Free Report) last released its earnings results on Thursday, December 5th. The company reported GBX 18.10 ($0.23) earnings per share for the quarter. Watches of Switzerland Group had a net margin of 3.84% and a return on equity of 11.91%. As a group, equities research analysts forecast that Watches of Switzerland Group plc will post 42.739726 EPS for the current year.

Watches of Switzerland Group Company Profile

Established in 2007 the Watches of Switzerland Group is the UK's largest luxury watch retailer, operating in the UK, US and Europe comprising seven prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Hodinkee and Analog:Shift (US) with a complementary jewellery offering.