Jefferies Financial Group Lowers The Swatch Group (OTCMKTS:SWGAY) to Underperform

Jefferies Financial Group lowered shares of The Swatch Group (OTCMKTS:SWGAY) from a hold rating to an underperform rating in a research report report published on Friday, Marketbeat.com reports.

The Swatch Group Stock Performance

OTCMKTS:SWGAY opened at $8.92 on Friday. The Swatch Group has a 52 week low of $8.88 and a 52 week high of $13.73. The company has a fifty day simple moving average of $10.00 and a two-hundred day simple moving average of $10.56.

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.