Watches of Switzerland Group (LON:WOSG) Insider Chabi Nouri Acquires 2,500 Shares of Stock

Watches of Switzerland Group plc (LON:WOSG) insider Chabi Nouri bought 2,500 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were purchased at an average price of GBX 515 per share, for a total transaction of £12,875.

Watches of Switzerland Group Stock Performance

WOSG opened at GBX 511 on Friday. The company has a 50 day simple moving average of GBX 492.79 and a two-hundred day simple moving average of GBX 429.38. The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48. The firm has a market cap of £1.18 billion, a P/E ratio of 17.26, a PEG ratio of 1.56 and a beta of 2.17. Watches of Switzerland Group plc has a 1-year low of GBX 315 and a 1-year high of GBX 553.

Watches of Switzerland Group (LON:WOSG) last announced its quarterly earnings data on Thursday, December 4th. The company reported GBX 18.80 EPS for the quarter. Watches of Switzerland Group had a net margin of 3.84% and a return on equity of 11.38%. Equities analysts forecast that Watches of Switzerland Group plc will post 42.739726 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft upped their price objective on Watches of Switzerland Group from GBX 450 to GBX 550 and gave the stock a “buy” rating in a research note on Friday, November 28th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 455.

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 and US comprising eight prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Deutsch & Deutsch (US), Analog:Shift (US) and Hodinkee (US), with a complementary jewellery offering. Since 8 May 2024, the Group has also owned the exclusive distribution rights for Roberto Coin in the USA, Canada, Central America and the Caribbean.