Watches of Switzerland Group (LON:WOSG) Shares Down 2.2% - What's Next?

Shares of Watches of Switzerland Group plc (LON:WOSG - Get Free Report) fell 2.2% during trading on Thursday . The company traded as low as GBX 546.96 ($6.79) and last traded at GBX 546.96 ($6.79). 340,828 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 895,006 shares. The stock had previously closed at GBX 559.50 ($6.95).

Wall Street Analyst Weigh In

Several research firms have weighed in on WOSG. Shore Capital reiterated a "not rated" rating on shares of Watches of Switzerland Group in a report on Friday, December 6th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 575 ($7.14) price objective on shares of Watches of Switzerland Group in a research note on Friday, December 6th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Watches of Switzerland Group has an average rating of "Moderate Buy" and a consensus price target of GBX 496.67 ($6.17).

Watches of Switzerland Group Price Performance

The company has a current ratio of 1.95, a quick ratio of 0.48 and a debt-to-equity ratio of 109.69. The stock has a market cap of £1.29 billion, a P/E ratio of 2,149.92, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17. The business has a 50-day simple moving average of GBX 498.92 and a 200 day simple moving average of GBX 441.66.

Watches of Switzerland Group Company Profile

Watches of Switzerland Group PLC operates as a retailer of luxury watches and jewelry in the United Kingdom, Europe, and the United States. It offers its products under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers, and Betteridge brands. The company also engages in sale of fashion and classic watches, and jewelry; and gifts, as well as provides servicing, repairs, and product insurance services.