The Swatch Group (OTCMKTS:SWGAY) Hits New 1-Year Low – Should You Sell?

The Swatch Group AG (OTCMKTS:SWGAYGet Free Report)’s stock price 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. The stock had previously closed at $8.55.

Analysts Set New Price Targets

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.

Get Our Latest Research Report on The Swatch Group

The Swatch Group Trading Down 2.1 %

The company has a fifty day simple moving average of $9.29 and a 200 day simple moving average of $9.40.

About The Swatch Group

(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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