Shares of The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $8.65 and last traded at $9.11, with a volume of 66591 shares traded. The stock had previously closed at $9.00.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on SWGAY shares. Jefferies Financial Group downgraded shares of The Swatch Group from a “hold” rating to an “underperform” rating in a research report on Friday, September 20th. UBS Group raised The Swatch Group to a “strong sell” rating in a report on Monday, September 23rd. Finally, Berenberg Bank raised The Swatch Group to a “strong sell” rating in a report on Wednesday, October 30th.
Read Our Latest Analysis on The Swatch Group
The Swatch Group Trading Up 1.2 %
About The Swatch Group
The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The company operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry.
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