Watches of Switzerland Group (OTC:WOSGF) Stock Price Down 5.8% – What’s Next?

Watches of Switzerland Group plc (OTC:WOSGF) shares fell 5.8% on Thursday . The company traded as low as $6.8868 and last traded at $6.8868. 750 shares changed hands during trading, a decline of 87% from the average session volume of 5,716 shares. The stock had previously closed at $7.31.

Wall Street Analysts Forecast Growth

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

Watches of Switzerland Group Stock Down 5.5%

The business’s 50 day moving average is $6.61 and its two-hundred day moving average is $5.58.

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.