Swisscom AG (OTCMKTS:SCMWY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $70.81 and last traded at $70.81, with a volume of 5120 shares trading hands. The stock had previously closed at $70.05.
Analyst Upgrades and Downgrades
Separately, BNP Paribas cut Swisscom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 10th.
Check Out Our Latest Analysis on SCMWY
Swisscom Trading Up 0.9%
The company has a market cap of $366.08 billion, a P/E ratio of 22.29 and a beta of 0.30. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.99. The firm's 50-day moving average price is $67.30 and its 200-day moving average price is $61.03.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.13). The company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.19 billion. Swisscom had a net margin of 11.06% and a return on equity of 11.08%. As a group, equities research analysts expect that Swisscom AG will post 3.47 earnings per share 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.
Further Reading
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