The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as $8.59 and last traded at $8.64, with a volume of 211849 shares traded. The stock had previously closed at $9.07.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the stock. UBS Group raised shares of The Swatch Group to a "strong sell" rating in a report on Monday, September 23rd. Berenberg Bank upgraded shares of The Swatch Group to a "strong sell" rating in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group downgraded 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 The Swatch Group
The Swatch Group Stock Performance
The stock's 50 day simple moving average is $9.28 and its 200-day simple moving average is $9.85.
About The Swatch Group
(
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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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