|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||10.56 - 11.09|
|52 Week Range||8.38 - 28.60|
|Beta (5Y Monthly)||1.78|
|PE Ratio (TTM)||309.71|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Retailers enter Cyber Monday with good sales momentum, according to new data from Black Friday.
On Thursday, shares of specialty retailer Fossil Group group were the beneficiary of a 23% boost, courtesy of a solid third quarter earnings report. Revenue jumped 13% for the quarter, while digital sales were up 28%. Earnings per share came in at 68 cents (adjusted).
In this daily bar chart of FOSL, below, we can see that prices traded in a long sideways pattern from late March. The range was fairly narrow and very old chart watchers (maybe older than me) would call it a "line" pattern. In addition to the narrow range of activity the trading volume was very light and the On-Balance-Volume (OBV) line was very flat to declining.