The Swatch Group (OTCMKTS:SWGAY) Downgraded by Jefferies Financial Group to “Underperform”

Jefferies Financial Group downgraded shares of The Swatch Group (OTCMKTS:SWGAY) from a hold rating to an underperform rating in a report published on Friday, Marketbeat reports.

The Swatch Group Trading Down 3.6 %

Shares of OTCMKTS:SWGAY opened at $8.92 on Friday. The firm’s fifty day moving average is $10.00 and its 200-day moving average is $10.54. The Swatch Group has a 52 week low of $8.88 and a 52 week 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.