Fossil Group, Inc.FOSL was a big mover last session, as the company saw its shares rise around 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 37.1% in the past one-month time frame.
The company has seen four negative revisions in the past one month, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this retail stock going forward to see if this recent move higher can last.
Fossil Group currently carries a Zacks Rank #5 (Strong Sell).
A better-ranked stock in the same industry is American Eagle Outfitters, Inc. AEO , carrying a Zacks Rank #2 (Buy).
Is FOSL going up? Or down? Predict to see what others think: Up or Down
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AMER EAGLE OUTF (AEO): Free Stock Analysis Report
FOSSIL GRP INC (FOSL): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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