Movado Group Inc. (MOV) Soars 5.71% on January 30

Equities Staff  |

Movado Group Inc. (MOV) had a good day on the market for Monday January 30 as shares jumped 5.71% to close at $27.75. About 299,134 shares traded hands on 2,369 trades for the day, compared with an average daily volume of 125,371 shares out of a total float of 22.93 million. After opening the trading day at $27.30, shares of Movado Group Inc. stayed within a range of $28.00 to $27.20.

With today's gains, Movado Group Inc. now has a market cap of $636.39 million.

The stock has a P/E Ratio of 16.7. Shares of Movado Group Inc. have been trading within a range of $31.95 and $19.14 over the last year, and it had a 50-day SMA of $28.28 and a 200-day SMA of $24.14.

Movado Group Inc designs, sources, markets and distributes fine watches. Its brands include Coach Watches, Concord, Ebel, ESQ Movado, Scuderia Ferrari Watches, HUGO BOSS Watches, Juicy Couture Watches, Lacoste Watches, Movado, and Tommy Hilfiger Watches.

Movado Group Inc. is based out of Paramus, NJ and has some 1,100 employees. Its CEO is Efraim Grinberg.

For a complete fundamental analysis of Movado Group Inc., check out’s Stock Valuation Analysis report for MOV.

Want to invest with the experts? Subscribe to Equities Premium newsletters today! Visit to learn more about Guild Investment’s Market Commentary and Adam Sarhan’s Find Leading Stocks today.

Movado Group Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Movado Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: MOV’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: