Swisscom AG (OTCMKTS:SCMWY - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as $71.44 and last traded at $71.44, with a volume of 1875 shares changing hands. The stock had previously closed at $70.74.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on SCMWY shares. BNP Paribas downgraded shares of Swisscom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 10th. Berenberg Bank raised shares of Swisscom to a "hold" rating in a research note on Thursday, June 26th.
Check Out Our Latest Stock Analysis on SCMWY
Swisscom Stock Down 1.1%
The company has a market capitalization of $366.99 billion, a P/E ratio of 22.35 and a beta of 0.30. The firm's 50 day moving average price is $68.04 and its two-hundred day moving average price is $61.62. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.99.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last issued 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 business had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.19 billion. Swisscom had a return on equity of 11.08% and a net margin of 11.06%. Equities research analysts forecast that Swisscom AG will post 3.47 EPS for the current 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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