FOSL Stock Summary and Trading Ideas (Fossil Group | NASDAQ:FOSL)

Fossil Group Inc is a design, innovation and distribution company in consumer fashion accessories. The products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. The reportable segments are comprised of 1) Americas segment includes sales in Canada, Latin America and the United States. 2) Europe segment includes sales in European countries, the Middle East and Africa. 3) Asia segment includes sales in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea and Thailand. Each reportable operating segment includes sales to wholesale and distributor customers, and sales through Company-owned retail stores and e-commerce activities based on the location of the selling entity.

Fossil Group trades on the NASDAQ stock market under the symbol FOSL.

As of April 18, 2024, FOSL stock price was flat at $0.78 with 619,306 million shares trading.

FOSL has a beta of 1.29, meaning it tends to be more sensitive to market movements. FOSL has a correlation of 0.04 to the broad based SPY ETF.

FOSL has a market cap of $40.91 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, FOSL stock traded as high as $20.00 and as low as $.76.

The top ETF exchange traded funds that FOSL belongs to (by Net Assets): VTI, IWM, VXF, IWN, PRFZ.

FOSL has underperformed the market in the last year with a price return of -76.5% while the SPY ETF gained +22.3%. FOSL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -41.8% and -19.1%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

FOSL support price is $.73 and resistance is $.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FOSL stock will trade within this expected range on the day.