The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) 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.
Analyst Upgrades and Downgrades
SWGAY has been the subject of several 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 lowered shares of The Swatch Group from a “hold” rating to an “underperform” rating in a research note on Friday, September 20th. Finally, Berenberg Bank upgraded shares of The Swatch Group to a “strong sell” rating in a research note on Wednesday, October 30th.
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The Swatch Group Stock Performance
The Swatch Group Company Profile
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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