The Swatch Group (OTCMKTS:SWGAY) Upgraded to “Strong Sell” by UBS Group

UBS Group upgraded shares of The Swatch Group (OTCMKTS:SWGAY) to a strong sell rating in a report released on Monday morning, Zacks.com reports.

Separately, Jefferies Financial Group downgraded The Swatch Group from a hold rating to an underperform rating in a research report on Friday, September 20th.

The Swatch Group Price Performance

The Swatch Group stock opened at $10.33 on Monday. The firm has a 50 day moving average price of $9.97 and a 200-day moving average price of $10.49. The Swatch Group has a twelve month low of $8.73 and a twelve month high of $13.73.

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.