Watches of Switzerland Group (LON:WOSG) Trading Up 0.1% – Still a Buy?

Watches of Switzerland Group plc (LON:WOSG)’s stock price traded up 0.1% during trading on Friday . The company traded as high as GBX 518 and last traded at GBX 512.54. 131,680 shares were traded during mid-day trading, a decline of 94% from the average session volume of 2,238,601 shares. The stock had previously closed at GBX 512.

Watches of Switzerland Group Stock Performance

The business’s fifty day moving average price is GBX 485.19 and its two-hundred day moving average price is GBX 469.84. The company has a debt-to-equity ratio of 107.40, a quick ratio of 0.48 and a current ratio of 1.96. The stock has a market capitalization of £1.19 billion, a P/E ratio of 17.32, a P/E/G ratio of 1.56 and a beta of 1.79.

Insiders Place Their Bets

In related news, insider Chabi Nouri acquired 2,500 shares of Watches of Switzerland Group stock in a transaction on Thursday, February 26th. The shares were bought at an average cost of GBX 515 per share, with a total value of £12,875. 4.47% of the stock is owned by insiders.

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 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.