Swatch Group AG (OTCMKTS:SWGAY – Get Free Report)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $11.03, but opened at $10.27. Swatch Group shares last traded at $10.20, with a volume of 4,143 shares traded.
Analyst Ratings Changes
Several equities analysts have recently commented on SWGAY shares. Sanford C. Bernstein lowered Swatch Group from an “outperform” rating to a “market perform” rating in a report on Thursday, June 25th. Kepler Capital Markets raised Swatch Group from a “reduce” rating to a “buy” rating in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group initiated coverage on shares of Swatch Group in a report on Sunday, October 4th. They set a “sell” rating for the company. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
View Our Latest Report on Swatch Group
Swatch Group Stock Performance
The company’s 50-day moving average is $11.10 and its two-hundred day moving average is $11.84.
Swatch Group Company Profile
Swatch Group AG is a Swiss watchmaking company headquartered in Biel/Bienne, Switzerland. It develops, manufactures and markets watches, watch movements, components and related systems, with activities spanning product design, production, distribution and retail.
The group’s brand portfolio covers a broad range of price segments and styles. Its brands include Swatch, Omega, Longines, Tissot, Rado, Mido, Hamilton, Certina, Breguet, Blancpain, Glashütte Original, Harry Winston, Union Glashütte and Flik Flak.
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