Fossil Group (NASDAQ:FOSL – Get Free Report) posted its quarterly earnings results on Wednesday. The accessories brand company reported $0.39 earnings per share (EPS) for the quarter, Zacks reports. Fossil Group had a negative net margin of 10.07% and a negative return on equity of 40.95%.
Fossil Group Stock Performance
NASDAQ:FOSL opened at $1.27 on Thursday. Fossil Group has a 12-month low of $0.75 and a 12-month high of $2.61. The company has a quick ratio of 1.10, a current ratio of 1.81 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $67.56 million, a PE ratio of -0.55 and a beta of 2.12. The firm has a 50-day moving average price of $1.65 and a 200 day moving average price of $1.46.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Fossil Group from a “buy” rating to a “hold” rating in a research report on Friday, March 7th.
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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