Movado Group Inc

NYSE MOV

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Movado Group Inc Market Capitalization on June 03, 2024: USD 421.79 M

Movado Group Inc Market Capitalization is USD 421.79 M on June 03, 2024, a 2.88% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Movado Group Inc 52-week high Market Capitalization is USD 630.60 M on February 22, 2024, which is 49.51% above the current Market Capitalization.
  • Movado Group Inc 52-week low Market Capitalization is USD 387.02 M on April 17, 2024, which is -8.24% below the current Market Capitalization.
  • Movado Group Inc average Market Capitalization for the last 52 weeks is USD 432.64 M.
NYSE: MOV

Movado Group Inc

CEO Mr. Efraim Grinberg
IPO Date Sept. 30, 1993
Location United States
Headquarters 650 From Road, Paramus, NJ, United States, 07652-3556
Employees 1,089
Sector Consumer Cyclical
Industry Luxury goods
Description

Movado Group, Inc. designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company's customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. It sells directly to consumers through its e-commerce platforms. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is headquartered in Paramus, New Jersey.

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StockViz Staff

September 16, 2024

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