Watches of Switzerland Group (LON:WOSG) Sets New 12-Month Low – Here’s Why

Watches of Switzerland Group plc (LON:WOSG – Get Free Report)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 185.69 and last traded at GBX 712.50, with a volume of 152807 shares traded. The stock had previously closed at GBX 717.50.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Royal Bank Of Canada boosted their target price on shares of Watches of Switzerland Group from GBX 560 to GBX 650 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Jefferies Financial Group reissued a “buy” rating and set a GBX 440 target price on shares of Watches of Switzerland Group in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 546.67.

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Watches of Switzerland Group Price Performance

The stock’s 50-day moving average price is GBX 601.33 and its 200 day moving average price is GBX 525.03. The firm has a market cap of £1.64 billion, a price-to-earnings ratio of 23.99, a price-to-earnings-growth ratio of 1.56 and a beta of 1.85. The company has a quick ratio of 0.48, a current ratio of 1.96 and a debt-to-equity ratio of 107.40.

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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