Shares of Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) saw an uptick in trading volume on Friday . 201,043 shares were traded during mid-day trading, an increase of 275% from the previous session’s volume of 53,640 shares.The stock last traded at $10.99 and had previously closed at $10.83.
Swatch Group Stock Performance
The stock has a 50 day moving average price of $10.46 and a 200-day moving average price of $9.64.
Swatch Group Company Profile
The Swatch Group is a Switzerland-based watchmaking conglomerate that designs, manufactures and distributes a broad portfolio of wristwatch and jewelry brands spanning entry-level fashion watches to high-end mechanical timepieces. Its stable of brands includes global names across multiple price segments, and the company is active in retail, wholesale and after-sales services. In addition to finished watches, Swatch Group produces key watch components and complete movements, supplying both its own brands and other firms in the industry.
Manufacturing and technical competence are central to the company’s operations.
Further Reading
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