Fossil Group Inc (NASDAQ:FOSL) Downgraded by BidaskClub to Hold

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Fossil Group Inc stock has undergone multiple analysts rating changes in the recent past.  Fossil Group Inc Downgraded by BidaskClub on 10/2/2020. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Buy.

Shares of Fossil Group Inc traded up $0.03 on Friday, reaching $5.77. 0 shares of the stock traded hands, compared to its average volume of 1324640. Shares of Fossil Group Inc were trading at $5.77 on Friday. The firm’s 50 day moving average is $5.70 and its 200 day moving average is $5.16.Fossil Group Inc has a 12 month low of $5.70 and a 12 month high of $13.08. While on yearly highs and lows, Fossil Group Inc’s today has traded high as $5.91 and has touched $5.70 on the downward trend. See More Analyst Rating at: RATING

Fossil Group Inc Earnings and What to expect: 

Fossil Group last posted its earnings data on August 12th, 2020. The accessories brand company reported ($0.23) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.71) by $1.48. The firm earned $259 million during the quarter. Fossil Group has generated $0.00 earnings per share over the last year. Fossil Group has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 4th, 2020 based off prior year’s report dates.

The P/E ratio of Fossil Group is -2.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Fossil Group is -2.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Fossil Group has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • 8.00%
  • On 6/17/2020 EVP Gregory A. Mckelvey Buy 30,000 at average share price of $5.00 which equates to $150,000.00 in money value.
  • On 6/9/2020 EVP Gregory A Mckelvey Buy 120,000 at average price of  $5.98 with total value of : $717,600.00
  • On 3/12/2020 EVP Gregory A. Mckelvey Buy 90,792 at average price of  $3.80 with total value of : $345,009.60

Other owners latest trading in Fossil Group Inc :

  • On 9/11/2020 shares held by Mitsubishi UFJ Trust & Banking Corp were 66,700 which equates to market value of $0.31M and appx 0.00% owners of Fossil Group Inc
  • On 9/4/2020 shares held by Principal Financial Group Inc. were 347,516 which equates to market value of $1.62M and appx 0.00% owners of Fossil Group Inc
  • On 8/25/2020 shares held by Nuveen Asset Management LLC were 242,783 which equates to market value of $1.13M and appx 0.00% owners of Fossil Group Inc
  • In total Institutional ownership equates to Institutional Ownership Percentage: 91.73% for Fossil Group Inc

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Fossil Group Inc (NASDAQ:FOSL) Moving Average Technical Analysis

5 day Moving Average is $5.91 And 5 day price change is -$0.79 (-12.04%)  with average volume for 5 day average is 1,273,760. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $6.96 and 20 day price change is -$1.03 (-15.08%) and average 20 day moving volume is 1,390,860. 50 day moving average is $5.70  and 50 day price change is $1.78 ( 44.61%)  and with average volume for 50 days is : 1,498,796. 200 day moving average is $5.16  and 200 day price change is -$1.88 (-24.58%)  and with average volume for 200 days is : 1,616,486.

See More Analyst Rating at: RATING