The Swatch Group (OTCMKTS:SWGAY) Downgraded by Jefferies Financial Group

The Swatch Group (OTCMKTS:SWGAY) was downgraded by research analysts at Jefferies Financial Group from a “hold” rating to an “underperform” rating in a report released on Friday, Briefing.com reports.

The Swatch Group Price Performance

OTCMKTS SWGAY opened at $9.25 on Friday. The Swatch Group has a 12 month low of $8.96 and a 12 month high of $13.73. The stock’s fifty day moving average price is $10.04 and its 200-day moving average price is $10.58.

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.