Watches of Switzerland Group (OTC:WOSGF) Trading Down 1.9% – Should You Sell?

Watches of Switzerland Group plc (OTC:WOSGF)’s stock price was down 1.9% during trading on Friday . The stock traded as low as $6.87 and last traded at $6.87. Approximately 23,600 shares traded hands during mid-day trading, an increase of 237% from the average daily volume of 7,007 shares. The stock had previously closed at $7.00.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Watches of Switzerland Group in a report on Friday, November 28th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Watches of Switzerland Group currently has a consensus rating of “Moderate Buy”.

Watches of Switzerland Group Stock Down 1.9%

The stock’s 50 day simple moving average is $6.67 and its two-hundred day simple moving average is $5.79.

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.