Fossil Group Inc (NASDAQ:FOSL) Shares Plunged -7.04% In A Week – But Will They Keep Going Up?

In last trading session, Fossil Group Inc (NASDAQ:FOSL) saw 0.83 million shares changing hands with its beta currently measuring 2.18. Company’s recent per share price level of $1.85 trading at $0.08 or 4.52% at ring of the bell on the day assigns it a market valuation of $98.41M. That closing price of FOSL’s stock is at a discount of -41.08% from its 52-week high price of $2.61 and is indicating a premium of 59.46% from its 52-week low price of $0.75. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.65 million shares which gives us an average trading volume of 936.02K if we extend that period to 3-months.

Fossil Group Inc (NASDAQ:FOSL) trade information

Upright in the green during last session for gaining 4.52%, in the last five days FOSL remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $1.85 price level, adding 9.31% to its value on the day. Fossil Group Inc’s shares saw a change of 26.71% in year-to-date performance and have moved -7.04% in past 5-day. Fossil Group Inc (NASDAQ:FOSL) showed a performance of 54.17% in past 30-days. Number of shares sold short was 1.33 million shares which calculate 2.7 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -111.68% during past 5 years.

Fossil Group Inc (NASDAQ:FOSL)’s Major holders

Insiders are in possession of 12.11% of company’s total shares while institution are holding 37.25 percent of that, with stock having share float percentage of 42.38%. Investors also watch the number of corporate investors in a company very closely, which is 37.25% institutions for Fossil Group Inc that are currently holding shares of the company. AMERIPRISE FINANCIAL INC is the top institutional holder at FOSL for having 2.27 million shares of worth $3.27 million. And as of 2024-06-30, it was holding 4.3206 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 2.22 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.2215 of outstanding shares, having a total worth of $3.19 million.