Fossil Group, Inc. (NASDAQ:FOSL) Stock Catapults 84% Though Its Price And Business Still Lag The Industry
Fossil Group, Inc. (NASDAQ:FOSL) shares have continued their recent momentum with a 84% gain in the last month alone. The annual gain comes to 106% following the latest surge, making investors sit up and take notice.
Even after such a large jump in price, considering around half the companies operating in the United States’ Luxury industry have price-to-sales ratios (or “P/S”) above 0.8x, you may still consider Fossil Group as an solid investment opportunity with its 0.1x P/S ratio. Although, it’s not wise to just take the P/S at face value as there may be an explanation why it’s limited.
View our latest analysis for Fossil Group
