Shares of The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) reached a new 52-week low during trading 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.
Wall Street Analysts Forecast Growth
SWGAY has been the subject of a number of research analyst reports. UBS Group raised shares of The Swatch Group to a “strong sell” rating in a report on Monday, September 23rd. Jefferies Financial Group downgraded The Swatch Group from a “hold” rating to an “underperform” rating in a research report on Friday, September 20th. Berenberg Bank upgraded The Swatch Group to a “strong sell” rating in a research report on Wednesday, October 30th. Finally, Royal Bank of Canada lowered shares of The Swatch Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 9th.
Check Out Our Latest Stock Analysis on The Swatch Group
The Swatch Group Trading Down 0.7 %
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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