Watches of Switzerland Group (OTC:WOSGF) Trading Down 0.4% – What’s Next?

Watches of Switzerland Group plc (OTC:WOSGF) shares were down 0.4% during trading on Tuesday . The stock traded as low as $6.47 and last traded at $6.47. Approximately 1,130 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 10,447 shares. The stock had previously closed at $6.4950.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Watches of Switzerland Group in a research note on Friday, November 28th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Watches of Switzerland Group Trading Down 1.7%

The stock’s 50-day simple moving average is $5.89 and its 200 day simple moving average is $5.31.

Watches of Switzerland Group Company Profile

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.