Barclays reaffirmed their overweight rating on shares of The Watches of Switzerland Group (LON:WOSG) in a research note issued to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.

Shares of WOSG stock opened at GBX 292 ($3.82) on Wednesday. The Watches of Switzerland Group has a 12-month low of GBX 265 ($3.46) and a 12-month high of GBX 313.50 ($4.10). The stock has a 50-day moving average price of GBX 284.32. The company has a market capitalization of $699.21 million and a PE ratio of 0.05.

In other news, insider Brian Duffy sold 1,868,694 shares of The Watches of Switzerland Group stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of GBX 270 ($3.53), for a total value of £5,045,473.80 ($6,592,805.17).

About The Watches of Switzerland Group

The Watches of Switzerland Group Limited operates as a retailer of jewelry and watches. It offers luxury watches and jewelry; fashion and classic watches and jewelry; gifts; and services, such as aftercare, jewelry repair and cleaning, pre-owned watches valuation, trade and exchange, and others. The company operates 127 stores in the United Kingdom, as well as 22 stores in the United States; 5 transactional Websites; and mono-branded stores.

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