Fossil Group Inc [NASDAQ: FOSL] traded at a high on Monday, posting a 60.96 gain after which it closed the day’ session at $2.35.
The results of the trading session contributed to over 29418347 shares changing hands. Over the past one week, the price volatility of Fossil Group Inc stands at 23.72% while the volatility over the past one month is 13.42%.
The market cap for FOSL stock reached $122.48 million, with 53.15 million shares outstanding and 46.81 million shares in the current float. Compared to the average trading volume of 346.37K shares, FOSL reached a trading volume of 29418347 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Fossil Group Inc [FOSL]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FOSL shares is $3.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FOSL stock is a recommendation set at 4.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for Fossil Group Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on February 27, 2020. The new note on the price target was released on November 07, 2019, representing the official price target for Fossil Group Inc stock. Previously, the target price had yet another drop from $15 to $12, while Telsey Advisory Group kept a Market Perform rating on FOSL stock. On February 14, 2019, analysts decreased their price target for FOSL shares from 17 to 15.
The Average True Range (ATR) for Fossil Group Inc is set at 0.19, with the Price to Sales ratio for FOSL stock in the period of the last 12 months amounting to 0.10. The Price to Book ratio for the last quarter was 0.76, with the Price to Cash per share for the same quarter was set at 2.07. Price to Free Cash Flow for FOSL in the course of the last twelve months was 2.09 with Quick ratio for the last quarter at 1.10.
How has FOSL stock performed recently?
Fossil Group Inc [FOSL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 100.85. With this latest performance, FOSL shares gained by 85.04% in over the last four-week period, additionally plugging by 89.52% over the last 6 months – not to mention a rise of 113.64% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FOSL stock in for the last two-week period is set at 84.06, with the RSI for the last a single of trading hit 88.81, and the three-weeks RSI is set at 79.90 for Fossil Group Inc [FOSL]. The present Moving Average for the last 50 days of trading for this stock 1.2500, while it was recorded at 1.6000 for the last single week of trading, and 1.1500 for the last 200 days.
Fossil Group Inc [FOSL]: Deeper insight into the fundamentals
Fossil Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.81.
Insider trade positions for Fossil Group Inc [FOSL]
There are presently around $37.31%, or 42.23%% of FOSL stock, in the hands of institutional investors. The top three institutional holders of FOSL stocks are: AMERIPRISE FINANCIAL INC with ownership of 2.27 million shares, which is approximately 4.3206%. VANGUARD GROUP INC, holding 2.22 million shares of the stock with an approximate value of $$3.19 million in FOSL stocks shares; and VANGUARD GROUP INC, currently with $$2.7 million in FOSL stock with ownership which is approximately 3.6297%.
