Shares of Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $13.65, but opened at $12.9273. Swatch Group shares last traded at $12.8420, with a volume of 26,471 shares changing hands.
Wall Street Analyst Weigh In
Separately, Citigroup restated a “neutral” rating on shares of Swatch Group in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
View Our Latest Stock Report on Swatch Group
Swatch Group Stock Performance
Swatch Group Company Profile
The Swatch Group is a Switzerland-based watchmaking conglomerate that designs, manufactures and distributes a broad portfolio of wristwatch and jewelry brands spanning entry-level fashion watches to high-end mechanical timepieces. Its stable of brands includes global names across multiple price segments, and the company is active in retail, wholesale and after-sales services. In addition to finished watches, Swatch Group produces key watch components and complete movements, supplying both its own brands and other firms in the industry.
Manufacturing and technical competence are central to the company’s operations.
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