Fossil Group (NASDAQ:FOSL – Get Free Report) posted its quarterly earnings data on Wednesday. The accessories brand company reported $0.39 earnings per share for the quarter, Zacks reports. Fossil Group had a negative net margin of 10.07% and a negative return on equity of 40.95%. The company had revenue of $342.30 million during the quarter.
Fossil Group Stock Up 29.1 %
Shares of NASDAQ:FOSL opened at $1.64 on Friday. The firm has a market cap of $87.24 million, a PE ratio of -0.70 and a beta of 2.12. The company has a fifty day simple moving average of $1.65 and a 200 day simple moving average of $1.46. The company has a current ratio of 1.81, a quick ratio of 1.10 and a debt-to-equity ratio of 1.07. Fossil Group has a 12-month low of $0.75 and a 12-month high of $2.61.
Analysts Set New Price Targets
Separately, StockNews.com downgraded Fossil Group from a “buy” rating to a “hold” rating in a report on Friday, March 7th.
Fossil Group Company Profile
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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