The Swatch Group (OTCMKTS:SWGAY) Hits New 12-Month Low – Here’s What Happened

The Swatch Group AG (OTCMKTS:SWGAYGet Free Report) shares reached a new 52-week low 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.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada cut shares of The Swatch Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 9th.

Check Out Our Latest Analysis on SWGAY

The Swatch Group Price Performance

The business has a fifty day moving average of $9.29 and a 200-day moving average of $9.40.

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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