Watches of Switzerland Group (LON:WOSG) Hits New 52-Week High – Here’s Why

Watches of Switzerland Group plc (LON:WOSGGet Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 633 and last traded at GBX 633, with a volume of 2186103 shares. The stock had previously closed at GBX 531.

Watches of Switzerland Group Stock Down 0.9%

The company has a debt-to-equity ratio of 107.40, a current ratio of 1.96 and a quick ratio of 0.48. The company has a market capitalization of £1.45 billion, a P/E ratio of 21.20, a PEG ratio of 1.56 and a beta of 1.80. The company has a 50 day moving average of GBX 492.09 and a 200-day moving average of GBX 480.27.

Insider Activity

In other Watches of Switzerland Group news, insider Chabi Nouri bought 2,500 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were bought at an average cost of GBX 515 per share, with a total value of £12,875. 4.47% of the stock is owned by insiders.

Watches of Switzerland Group Company Profile

(Get Free Report)

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.

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