The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.25 and traded as low as $9.00. The Swatch Group shares last traded at $9.04, with a volume of 73,567 shares.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada lowered shares of The Swatch Group from a “hold” rating to a “strong sell” rating in a report on Thursday, January 9th.
Read Our Latest Research Report on SWGAY
The Swatch Group Stock Down 0.6 %
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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