Fossil Group Inc. (FOSL) Soars 6.5% on October 21

Equities Staff  |

Fossil Group Inc. (FOSL) had a good day on the market for Monday October 21 as shares jumped 6.5% to close at $11.79. About 972,841 shares traded hands on 6,800 trades for the day, compared with an average daily volume of n/a shares out of a total float of 50.47 million. After opening the trading day at $11.21, shares of Fossil Group Inc. stayed within a range of $11.92 to $11.16.

With today's gains, Fossil Group Inc. now has a market cap of $595.06 million. Shares of Fossil Group Inc. have been trading within a range of $24.28 and $9.00 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Fossil Group Inc designs and sells watches and other fashion accessories, including jewelry, handbags, and small leather goods. Watches make up the majority of company revenue. Roughly half of sales occur in the Americas, with the rest coming from Europe and Asia. Fossil primarily sells its products through third-party retailers but also has company-owned stores in the United States. Its products target a wide range of ages and income levels with both owned and licensed brands. Fossil sources almost all of its products internationally, and the company itself is involved in the manufacture of roughly half of its non-Swiss-made watches. The remaining products are produced by third-party manufacturers.

Fossil Group Inc. is based out of Richardson, TX and has some 10,800 employees. Its CEO is .

For a complete fundamental analysis of Fossil Group Inc., check out Equities.com’s Stock Valuation Analysis report for FOSL.

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Fossil 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 Fossil Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: FOSL’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’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.



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