Watches of Switzerland Group (LON:WOSG) Stock Price Up 0.9%

Watches of Switzerland Group plc (LON:WOSG)’s share price rose 0.9% during trading on Wednesday . The company traded as high as GBX 366.25 ($4.64) and last traded at GBX 354.80 ($4.49). Approximately 471,876 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 884,109 shares. The stock had previously closed at GBX 351.80 ($4.45).

Analyst Upgrades and Downgrades

Separately, Barclays reissued an “overweight” rating and set a GBX 580 ($7.34) price objective on shares of Watches of Switzerland Group in a report on Friday, February 9th.

Watches of Switzerland Group Trading Up 0.9 %

The company has a market capitalization of £849.99 million, a P/E ratio of 806.36, a price-to-earnings-growth ratio of 0.90 and a beta of 2.09. The company has a debt-to-equity ratio of 102.29, a current ratio of 1.69 and a quick ratio of 0.48. The firm has a fifty day moving average price of GBX 383.40 and a 200-day moving average price of GBX 505.94.

Insider Activity at Watches of Switzerland Group

In other news, insider Ian Carter acquired 50,000 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were acquired at an average price of GBX 377 ($4.77) per share, for a total transaction of £188,500 ($238,577.40). 4.53% of the stock is owned by company insiders.

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.