Fossil Group (FOSL) Shares are Down -8.5%

Fossil Group (FOSL) : During the past 4 weeks, traders have been relatively bearish on Fossil Group (FOSL), hence the stock is down -0.75% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.65% relative to the S&P 500. The 4-week change in the price of the stock is -1.28% and the stock has fallen -8.5% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.15% and the 50-Day Moving Average is 6.24%.The 200 Day SMA reached 19.19%


Fossil Group (NASDAQ:FOSL): After opening at $27.93, the stock dipped to an intraday low of $27.42 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $27.94 and the buying power remained strong till the end. The stock closed at $27.77 for the day, a gain of 0.69% for the day session. The total traded volume was 754,814. The stocks close on the previous trading day was $27.77.

Fossil Group (FOSL) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $34 and the lowest price target forecast is $20. The average forecast of all the analysts is $27.75 and the expected standard deviation is $4.71.

Fossil Group, Inc. is a global designer, marketer and distributor company that specializes in consumer fashion accessories. The Companys offerings include a line of mens and womens fashion watches and jewelry, handbags, small leather goods, belts, sunglasses, soft accessories, and select apparel. The Company operates in four different segments: the North America Wholesale segment, the Europe Wholesale segment, Asia Pacific Wholesale segment and the Direct to Consumer segment. Its products are distributed globally through various distribution channels, including wholesale, retail stores and commercial Websites. The Company sells its products through a diversified distribution network that includes department stores, specialty retail locations, specialty watch and jewelry stores, Company-owned retail and factory outlet stores, mass market stores, and through its FOSSIL Website.

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