Watches of Switzerland Group (LON:WOSG – Get Free Report)‘s stock had its “buy” rating restated by Jefferies Financial Group in a report released on Friday,London Stock Exchange reports. They presently have a GBX 440 price target on the stock. Jefferies Financial Group’s price objective suggests a potential downside of 28.86% from the stock’s previous close.
Watches of Switzerland Group Price Performance
Shares of WOSG stock traded down GBX 14.50 during midday trading on Friday, reaching GBX 618.50. 4,658,476 shares of the company traded hands, compared to its average volume of 2,164,027. The firm’s 50 day simple moving average is GBX 492.09 and its two-hundred day simple moving average is GBX 480.27. The firm has a market cap of £1.43 billion, a PE ratio of 20.90, a price-to-earnings-growth ratio of 1.56 and a beta of 1.80. The company has a debt-to-equity ratio of 107.40, a current ratio of 1.96 and a quick ratio of 0.48. Watches of Switzerland Group has a 1-year low of GBX 316.20 and a 1-year high of GBX 633.
Insider Buying and Selling
In other news, insider Chabi Nouri bought 2,500 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were bought at an average cost of GBX 515 per share, for a total transaction of £12,875. Insiders own 4.47% of the company’s stock.
About Watches of Switzerland Group
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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