Shares of Fossil Group (FOSL) Drops by -3.08%

Fossil Group (FOSL) : During the past 4 weeks, traders have been relatively bearish on Fossil Group (FOSL), hence the stock is down -7.32% 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 -4.51% relative to the S&P 500. The 4-week change in the price of the stock is -3.27% and the stock has fallen -3.08% in the past 1 week. The stock has recorded a 20-day Moving Average of 2.02% and the 50-Day Moving Average is 3.11%.

Fossil Group (NASDAQ:FOSL): The stock opened at $30.59 on Friday but the bulls could not build on the opening and the stock topped out at $30.59 for the day. The stock traded down to $28.39 during the day, due to lack of any buying support eventually closed down at $28.66 with a loss of -6.55% for the day. The stock had closed at $30.67 on the previous day. The total traded volume was 1,914,166 shares.


The company Insiders own 13.8% of Fossil Group shares according to the proxy statements. Institutional Investors own 97.05% of Fossil Group shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Fossil Group, Inc., Ragusa Elysia Holt had sold 2,718 shares worth of $100,756 in a transaction dated December 8, 2015. In this transaction, 2,718 shares were sold at $37.07 per share.

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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