Watches of Switzerland Group (LON:WOSG) Hits New 1-Year High – Here’s Why

Watches of Switzerland Group plc (LON:WOSGGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 554 and last traded at GBX 552.25, with a volume of 1888104 shares traded. The stock had previously closed at GBX 534.50.

Watches of Switzerland Group Stock Down 0.3%

The firm has a market cap of £1.27 billion, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 1.56 and a beta of 1.80. The company has a quick ratio of 0.48, a current ratio of 1.96 and a debt-to-equity ratio of 107.40. The firm has a fifty day moving average of GBX 486.40 and a 200-day moving average of GBX 474.14.

Insider Transactions at Watches of Switzerland Group

In related news, insider Chabi Nouri bought 2,500 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The shares were acquired at an average price of GBX 515 per share, for a total transaction of £12,875. Insiders own 4.47% of the company’s stock.

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.

Further Reading

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