Watches of Switzerland Group (LON:WOSG) Trading Down 0.6% – Here’s What Happened

Posted by Alanna Baker on Feb 23rd, 2025

Shares of Watches of Switzerland Group plc (LON:WOSG – Get Free Report) were down 0.6% on Friday . The company traded as low as GBX 518 ($6.54) and last traded at GBX 520 ($6.57). Approximately 332,171 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 1,077,430 shares. The stock had previously closed at GBX 523 ($6.61).

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 575 ($7.26) target price on shares of Watches of Switzerland Group in a research note on Friday, December 6th. Shore Capital restated a “not rated” rating on shares of Watches of Switzerland Group in a research report on Friday, December 6th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 480 ($6.06).

Check Out Our Latest Report on Watches of Switzerland Group

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 50 day simple moving average of GBX 543.45 and a two-hundred day simple moving average of GBX 474. The company has a market cap of £1.26 billion, a price-to-earnings ratio of 21.10, a price-to-earnings-growth ratio of 1.56 and a beta of 2.17.

Watches of Switzerland Group (LON:WOSG – Get Free Report) last posted its quarterly earnings results on Thursday, December 5th. The company reported GBX 18.10 ($0.23) EPS for the quarter. Watches of Switzerland Group had a return on equity of 11.38% and a net margin of 3.84%. On average, equities research analysts predict that Watches of Switzerland Group plc will post 42.739726 earnings per share for the current fiscal year.

About Watches of Switzerland Group

(Get Free Report)

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.