Shares of Fossil Group stock traded down $0.39 during midday trading on Tuesday, reaching $6.34. The company had a trading volume of 817,439 shares, compared to its average volume of 881,086. The company has a current ratio of 2.17, a quick ratio of 1.27 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $328.20 million, a price-to-earnings ratio of 11.74 and a beta of 1.42. The stock has a fifty day simple moving average of $9.50 and a 200 day simple moving average of $10.97. Fossil Group has a 1-year low of $6.24 and a 1-year high of $20.00.
Fossil Group (NASDAQ:FOSL – Get Rating) last announced its quarterly earnings results on Wednesday, March 9th. The accessories brand company reported $0.64 earnings per share for the quarter. The company had revenue of $604.20 million for the quarter. Fossil Group had a net margin of 1.50% and a return on equity of 10.68%.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Hsbc Holdings PLC increased its position in Fossil Group by 325.6% in the 3rd quarter. Hsbc Holdings PLC now owns 45,934 shares of the accessories brand company’s stock valued at $553,000 after acquiring an additional 35,141 shares during the period. ProShare Advisors LLC bought a new stake in shares of Fossil Group during the 4th quarter worth $122,000. Seelaus Asset Management LLC purchased a new position in shares of Fossil Group in the 4th quarter worth about $144,000. Invesco Ltd. lifted its holdings in Fossil Group by 1.4% during the third quarter. Invesco Ltd. now owns 363,732 shares of the accessories brand company’s stock valued at $4,311,000 after purchasing an additional 5,076 shares during the last quarter. Finally, Franklin Resources Inc. purchased a new stake in Fossil Group during the third quarter valued at about $483,000. Hedge funds and other institutional investors own 83.47% of the company’s stock.
About Fossil Group (Get Rating)
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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