Watches of Switzerland Group (LON:WOSG) hits fresh 12-month low at $744.50
Switzerland Group plc (LON:WOSG – received rating) hit a new 52-week low in midday trade on Thursday. The company has traded as low as GBX 744.50 ($9.13) and last at GBX 749 ($9.19) on volume of 270208 shares changing hands. The stock had previously closed at GBX 801.50 ($9.83).
Separately, Barclays reaffirmed an “overweight” rating and price target of GBX 1,610 ($19.75) on Watches of Switzerland Group shares in a research report on Wednesday, May 18.
The company has a 50-day simple moving average of GBX896.19 and a 200-day simple moving average of GBX1120.39. The stock has a market cap of £1.85 billion and a price-to-earnings ratio of 25.28. The company has a debt to equity ratio of 136.84, a current ratio of 1.72 and a quick ratio of 0.69.
Company profile of the Watches of Switzerland Group (LON:WOSG)
Watches of Switzerland Group PLC operates as a retailer of luxury watches. It offers luxury watches and jewelry; fashionable and classic watches and jewellery; and gifts. The company operates 118 stores in the UK and 30 stores in the US and six transactional websites under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers and Analog Shift brands.
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