Movado Group, Inc (NYSE: MOV): Do Not Miss The Gain Train

Movado Group, Inc (MOV) concluded trading on Thursday at a closing price of $13.35, with 0.48 million shares of worth about $6.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -28.91% during that period and on April 17, 2025 the price saw a loss of about -2.05%. Currently the company’s common shares owned by public are about 15.69M shares, out of which, 15.09M shares are available for trading.

Stock saw a price change of -3.33% in past 5 days and over the past one month there was a price change of -26.24%. Year-to-date (YTD), MOV shares are showing a performance of -32.16% which decreased to -47.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.85 but also hit the highest price of $27.80 during that period. The average intraday trading volume for Movado Group, Inc shares is 203.58K. The stock is currently trading -13.80% below its 20-day simple moving average (SMA20), while that difference is down -24.02% for SMA50 and it goes to -33.67% lower than SMA200.

Movado Group, Inc (NYSE: MOV) currently have 15.69M outstanding shares and institutions hold larger chunk of about 64.03% of that.

The stock has a current market capitalization of $209.39M and its 3Y-monthly beta is at 1.25. PE ratio of stock for trailing 12 months is 15.29, while it has posted earnings per share of $0.87 in the same period. It has Quick Ratio of 2.95 while making debt-to-equity ratio of 0.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MOV, volatility over the week remained 7.50% while standing at 6.56% over the month.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BWS Financial on January 02, 2025 offering a Buy rating for the stock and assigned a target price of $31.50 to it. Coverage by The Benchmark Company stated Movado Group, Inc (MOV) stock as a Buy in their note to investors on September 29, 2023, suggesting a price target of $41 for the stock. Stock get a Neutral rating from Sidoti on June 12, 2018.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.