Swatch traded at 179.30 this Monday February 2nd, decreasing 3.70 or 2.02 percent since the previous trading session. Looking back, over the last four weeks, Swatch lost 4.24 percent. Over the last 12 months, its price rose by 4.70 percent. Looking ahead, we forecast Swatch to be priced at 178.55 by the end of this quarter and at 165.85 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Swatch Group SA is a Switzerland-based holding company engaged in the apparel and accessories industry. The Company’s activities are divided into two core business segments: Watches and Jewelry, as well as Electronic Systems. The Watches and Jewelry segment includes the production and sale of branded watches, jewelry and quartz movements, notably the brands Breguet, Harry Winston, Blancpain, Glashuette Original, Jaquet Droz, Leon Hatot, Omega, Longines, Rado, Union Glashuette, Tissot, Balmain, Certina, Hamilton, Calvin Klein watches and jewelry, Swatch and Flik Flak. The Electronic Systems segment includes the production and marketing of electronic components, notably batteries and sports timing equipment. The Company also supplies products from these segments to third-party watchmakers. Swatch Group SA is represented worldwide through its subsidiaries and distributors, notably Tourbillion and Hour Passion, and operates Swiss production plants in Boncourt, Grenchen and Villeret.