Watches of Switzerland Group (LON:WOSG) Trading 0.1% Higher – Time to Buy?

Watches of Switzerland Group plc (LON:WOSG) traded up 0.1% during trading on Friday . The stock traded as high as GBX 518 and last traded at GBX 512.54. 131,680 shares traded hands during 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 Trading Up 0.1%

The firm has a market cap of £1.19 billion, a PE ratio of 17.32, a P/E/G ratio of 1.56 and a beta of 1.79. 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 company’s 50 day moving average price is GBX 485.19 and its two-hundred day moving average price is GBX 469.84.

Insider Buying and Selling

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

About Watches of Switzerland Group

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.