BNP Paribas cut shares of Swisscom (OTCMKTS:SCMWY - Free Report) from a strong-buy rating to a hold rating in a report issued on Thursday, April 10th,Zacks.com reports.
Swisscom Stock Performance
SCMWY stock traded up $0.49 on Thursday, reaching $64.73. 7,489 shares of the company were exchanged, compared to its average volume of 19,435. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.11 and a quick ratio of 2.11. Swisscom has a 12 month low of $53.01 and a 12 month high of $66.00. The stock's fifty day moving average price is $59.00 and its 200 day moving average price is $59.07. The firm has a market capitalization of $335.31 billion, a PE ratio of 19.15 and a beta of 0.28.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last released its earnings results on Thursday, February 13th. The utilities provider reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.34). Swisscom had a net margin of 14.19% and a return on equity of 12.00%. The company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. On average, research analysts anticipate that Swisscom will post 3.47 EPS for the current fiscal year.
About Swisscom
(
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Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.
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