The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) shares hit a new 52-week low during trading on Friday . The company traded as low as $8.52 and last traded at $8.59, with a volume of 338308 shares traded. The stock had previously closed at $8.89.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the company. Jefferies Financial Group lowered The Swatch Group from a “hold” rating to an “underperform” rating in a research report on Friday, September 20th. UBS Group raised shares of The Swatch Group to a “strong sell” rating in a research report on Monday, September 23rd. Finally, Berenberg Bank upgraded The Swatch Group to a “strong sell” rating in a research note on Wednesday, October 30th.
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The Swatch Group Price Performance
The Swatch Group Company Profile
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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