The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $8.32 and last traded at $8.37, with a volume of 199504 shares changing hands. The stock had previously closed at $8.55.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada cut The Swatch Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 9th.
Check Out Our Latest Report on SWGAY
The Swatch Group Stock Down 3.5 %
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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