The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $8.42 and last traded at $8.45, with a volume of 130987 shares traded. The stock had previously closed at $8.51.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. Jefferies Financial Group lowered shares of The Swatch Group from a “hold” rating to an “underperform” rating in a research note on Friday, September 20th. Berenberg Bank raised The Swatch Group to a “strong sell” rating in a research report on Wednesday, October 30th. Royal Bank of Canada lowered The Swatch Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 9th. Finally, UBS Group upgraded The Swatch Group to a “strong sell” rating in a research note on Monday, September 23rd.
Check Out Our Latest Report on SWGAY
The Swatch Group Stock 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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