Watches of Switzerland Group (OTC:WOSGF) Shares Down 5.8% – Should You Sell?

Watches of Switzerland Group plc (OTC:WOSGF)’s stock price fell 5.8% during trading on Thursday . The stock traded as low as $6.8868 and last traded at $6.8868. 750 shares were traded during mid-day trading, a decline of 87% from the average session volume of 5,716 shares. The stock had previously closed at $7.31.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Watches of Switzerland Group in a report on Friday, November 28th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Watches of Switzerland Group Trading Down 5.8%

The company’s 50-day moving average is $6.60 and its 200 day moving average is $5.57.

About Watches of Switzerland Group

Watches of Switzerland Group PLC operates as a retailer of luxury watches and jewelry in the United Kingdom, Europe, and the United States. It offers its products under the Goldsmiths, Mappin & Webb, Watches of Switzerland, Mayors Jewelers, and Betteridge brands. The company also engages in sale of fashion and classic watches, and jewelry; and gifts, as well as provides servicing, repairs, and product insurance services. Watches of Switzerland Group plc was founded in 1775 and is headquartered in Leicester, the United Kingdom.