Fossil Group Inc (NASDAQ:FOSL) does about 729.80K shares in volume on a normal day but saw 1068100 shares change hands in Friday trading. The company now has a market cap of 53.46M USD. Its current market price is $1.01, marking an increase of 11.78% compared to the previous close of $0.90. The 52 week high reached by this stock is $3.41 whilst the lowest price level in 52 weeks is $0.75.
Fossil Group Inc (FOSL) has a 20-day trading average at $0.8595 and the current price is -70.38% off the 52-week high compared with 34.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.9204 and its 200-day simple moving average is $1.4886. If we look at the stock’s price movements over the week, volatility stands at 10.53%, which decreases to 8.53% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.55 to suggest the stock is neutral.
The consensus objective for the share price is $3.75, suggesting that the stock has a potential upside of 73.07% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 27, 2020 when Telsey Advisory Group reiterated the stock to “Market Perform” and issued a price target of between $7 and $5. Telsey Advisory Group reiterated its price target at $15-$12.
Fossil Group Inc (FOSL) stock is up 27.69% over the week and 7.45% over the past month. Its price is -30.82% year-to-date and -69.21% over the past year.
To reach the target analysts have set, the stock logically needs to grow 73.07 percent from here.
The company has a return on investment of -26.23% and return on equity of -47.58%. The beta has a value of 2.05. Price to book ratio is 0.21 and price to sales ratio is 0.04.
