The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) hit a new 52-week low on Thursday . The company traded as low as $8.42 and last traded at $8.45, with a volume of 130987 shares. The stock had previously closed at $8.51.
Analyst Upgrades and Downgrades
Several analysts have issued reports on SWGAY shares. Jefferies Financial Group downgraded The Swatch Group from a "hold" rating to an "underperform" rating in a research note on Friday, September 20th. UBS Group raised The Swatch Group to a "strong sell" rating in a research report on Monday, September 23rd. Berenberg Bank upgraded The Swatch Group to a "strong sell" rating in a research note on Wednesday, October 30th. Finally, Royal Bank of Canada cut shares of The Swatch Group from a "hold" rating to a "strong sell" rating in a research note on Thursday, January 9th.
Check Out Our Latest Stock Analysis on SWGAY
The Swatch Group Stock Up 3.1 %
The company has a fifty day moving average price of $9.00 and a two-hundred day moving average price of $9.73.
About The Swatch Group
(
Get Free Report)
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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