Fossil Group (NASDAQ:FOSL – Get Free Report) released its quarterly earnings data on Wednesday. The accessories brand company reported $0.39 EPS for the quarter, Zacks reports. Fossil Group had a negative net margin of 10.07% and a negative return on equity of 40.95%.
Fossil Group Stock Performance
Shares of Fossil Group stock traded down $0.01 during trading on Wednesday, reaching $1.27. The company’s stock had a trading volume of 571,186 shares, compared to its average volume of 643,273. The business’s 50-day moving average price is $1.66 and its 200-day moving average price is $1.46. The firm has a market cap of $67.56 million, a PE ratio of -0.55 and a beta of 2.12. Fossil Group has a 52 week low of $0.75 and a 52 week high of $2.61. The company has a quick ratio of 1.10, a current ratio of 1.81 and a debt-to-equity ratio of 1.07.
Analyst Ratings Changes
Separately, StockNews.com cut shares of Fossil Group from a “buy” rating to a “hold” rating in a research report on Friday, March 7th.
About Fossil Group
Fossil Group, Inc, together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. The company’s products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses.
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