Watches of Switzerland Group (LON:WOSG) Stock Price Down 13.8% – Should You Sell?

Watches of Switzerland Group plc (LON:WOSG)’s stock price fell 13.8% on Thursday . The stock traded as low as GBX 356 ($4.66) and last traded at GBX 365.08 ($4.78). 4,470,943 shares were traded during trading, an increase of 202% from the average session volume of 1,481,922 shares. The stock had previously closed at GBX 423.40 ($5.55).

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on WOSG shares. Shore Capital reissued a “not rated” rating on shares of Watches of Switzerland Group in a research report on Friday, December 6th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 575 ($7.53) price objective on shares of Watches of Switzerland Group in a research note on Friday, December 6th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 480 ($6.29).

Watches of Switzerland Group Price Performance

The company has a debt-to-equity ratio of 109.69, a current ratio of 1.95 and a quick ratio of 0.48. The stock has a market capitalization of £881.95 million, a P/E ratio of 14.82, a PEG ratio of 1.56 and a beta of 2.17. The stock’s fifty day moving average is GBX 490.60 and its 200-day moving average is GBX 486.33.

Watches of Switzerland Group Company Profile

Established in 2007 the Watches of Switzerland Group is the UK’s largest luxury watch retailer, operating in the UK, US and Europe comprising seven prestigious brands; Watches of Switzerland (UK and US), Mappin & Webb (UK), Goldsmiths (UK), Mayors (US), Betteridge (US), Hodinkee (US) and Analog:Shift (US) with a complementary jewellery offering.