Fossil Group, Inc. (NASDAQ:FOSL) EVP Darren E. Hart sold 33,899 shares of the stock in a transaction dated Tuesday, June 8th. The stock was sold at an average price of $15.68, for a total transaction of $531,536.32. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of NASDAQ FOSL traded down $0.45 during mid-day trading on Thursday, hitting $14.74. The company’s stock had a trading volume of 401,164 shares, compared to its average volume of 1,074,942. The stock has a market capitalization of $767.69 million, a PE ratio of -22.34 and a beta of 1.89. The company has a current ratio of 1.87, a quick ratio of 1.23 and a debt-to-equity ratio of 0.38. Fossil Group, Inc. has a one year low of $3.19 and a one year high of $28.60. The company has a fifty day simple moving average of $13.00.
Fossil Group (NASDAQ:FOSL) last issued its earnings results on Wednesday, March 10th. The accessories brand company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.07). The business had revenue of $528.10 million during the quarter. Fossil Group had a negative net margin of 2.19% and a negative return on equity of 2.51%.
Separately, TheStreet lowered shares of Fossil Group from a “c-” rating to a “d+” rating in a research note on Tuesday, March 23rd.
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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