The Swatch Group (OTCMKTS:SWGAY) Reaches New 52-Week Low – Should You Sell?

The Swatch Group AG (OTCMKTS:SWGAYGet Free Report)’s stock price hit a new 52-week low during trading on Friday . The stock 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.

Analyst Ratings Changes

Several equities research analysts have commented on SWGAY shares. Berenberg Bank upgraded shares of The Swatch Group to a “strong sell” rating in a research note on Wednesday, October 30th. UBS Group upgraded shares of The Swatch Group to a “strong sell” rating in a research note on Monday, September 23rd. Finally, 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.

Get Our Latest Stock Analysis on SWGAY

The Swatch Group Trading Down 3.4 %

The stock’s 50 day moving average is $9.16 and its 200 day moving average is $9.80.

The Swatch Group Company Profile

(Get Free Report)

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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