The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as $8.52 and last traded at $8.59, with a volume of 338308 shares trading hands. The stock had previously closed at $8.89.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the stock. Berenberg Bank upgraded shares of The Swatch Group to a “strong sell” rating in a research note on Wednesday, October 30th. Jefferies Financial Group lowered shares of The Swatch Group from a “hold” rating to an “underperform” rating in a research report on Friday, September 20th. Finally, UBS Group upgraded shares of The Swatch Group to a “strong sell” rating in a research report on Monday, September 23rd.
Get Our Latest Stock Analysis on The Swatch Group
The Swatch Group Price 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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