The Swatch Group (OTCMKTS:SWGAY – Get Free Report) is expected to release its earnings data before the market opens on Thursday, March 20th. Analysts expect The Swatch Group to post earnings of $0.14 per share and revenue of $3.71 billion for the quarter.
The Swatch Group Trading Down 1.1 %
Shares of SWGAY opened at $9.36 on Thursday. The company has a 50-day moving average of $9.20 and a two-hundred day moving average of $9.48. The Swatch Group has a one year low of $8.42 and a one year high of $11.92.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada cut The Swatch Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 9th.
About The Swatch Group
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.
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