MARKET COMPOSITE
MOV - Movado Group, Inc.8:00:02 PM 4/24/2024
Price
$26.20
-0.31 (-1.17%)
Movado is an American watchmaker. It is best known for its Museum Watch. Movado means "always in motion" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style. Movado traces its origins to La Chaux-de-Fonds, Switzerland. Movado was founded as LAI Ditescheim & Freres SA in 1881 in La Chaux-de-Fonds, Switzerland, by Léopold Achille Isidore Ditesheim. In 1905, the company changed its name to Movado. In 1983, the company was purchased by North American Watch Corp, founded by Gedalio Grinberg, a Cuban-born Jew, who fled Fidel Castro's Marxist Revolution in 1960 with his family.
Financials
Quarterly financials
(USD)Jan 2024Q/Q
Revenue179.6MM-4%
Gross Profit96.8MM-5%
Cost Of Revenue82.8MM-3%
Operating Income13.5MM-35%
Operating Expenses--
Net Income12.1MM-30%
G&A83.3MM+2%
Amortization--
Interest Expense136K+1%
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Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

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