Movado Group Inc. (MOV) Soars 2.4%

Movado Group Inc. (MOV) Soars 2.4%

Movado Group Inc. is a Movado Group Inc designs develop, sources, markets, and distributes fine watches in the United States and internationally.

Movado Group Inc. (MOV) had a good day on the market for Friday November 20 as shares jumped 2.4% to close at $16.23. About 215,846 shares traded hands on 2,665 trades for the day, compared with an average daily volume of n/a shares out of a total float of 23.18 million. After opening the trading day at $15.62, shares of Movado Group Inc. stayed within a range of $16.37 to $15.28.

With today’s gains, Movado Group Inc. now has a market cap of $376.23 million. Shares of Movado Group Inc. have been trading within a range of $25.30 and $8.12 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Movado Group Inc designs develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company’s retail outlet locations in the United States and Canada. The company generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives majority revenue from the International location.

Movado Group Inc. is based out of Paramus, NJ and has some 1,145 employees. Its CEO is Efraim Grinberg.

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