The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $8.32 and last traded at $8.37, with a volume of 199504 shares trading hands. The stock had previously closed at $8.55.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada cut shares of The Swatch Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 9th.
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The Swatch Group Price Performance
About The Swatch Group
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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