The Swatch Group (OTCMKTS:SWGNF) Stock Crosses Below 200-Day Moving Average – Here’s Why

The Swatch Group AG (OTCMKTS:SWGNFGet Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $39.60 and traded as low as $33.75. The Swatch Group shares last traded at $33.75, with a volume of 11,837 shares.

The Swatch Group Price Performance

The company has a fifty day simple moving average of $35.92 and a two-hundred day simple moving average of $39.55.

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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