The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The stock traded as low as $8.52 and last traded at $8.59, with a volume of 338308 shares trading hands. The stock had previously closed at $8.89.
Analyst Ratings Changes
Several equities research analysts have commented on SWGAY shares. Berenberg Bank upgraded shares of The Swatch Group to a "strong sell" rating in a research note on Wednesday, October 30th. UBS Group upgraded shares of The Swatch Group to a "strong sell" rating in a research note on Monday, September 23rd. Finally, 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.
Get Our Latest Stock Analysis on SWGAY
The Swatch Group Trading Down 3.4 %
The stock's 50 day moving average is $9.16 and its 200 day moving average is $9.80.
The Swatch Group Company Profile
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider The Swatch Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Swatch Group wasn't on the list.
While The Swatch Group currently has a "Strong Sell" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.