Watches of Switzerland Group (OTC:WOSGF) Shares Up 2.5% – Still a Buy?

Watches of Switzerland Group plc (OTC:WOSGF)’s share price was up 2.5% during mid-day trading on Friday . The company traded as high as $6.2720 and last traded at $6.15. Approximately 38,043 shares traded hands during trading, an increase of 249% from the average daily volume of 10,891 shares. The stock had previously closed at $6.00.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Watches of Switzerland Group in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Watches of Switzerland Group has an average rating of “Moderate Buy”.

Watches of Switzerland Group Stock Up 2.5%

The business has a 50 day moving average price of $5.33 and a two-hundred day moving average price of $5.19.

About Watches of Switzerland Group

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.