Swisscom (OTCMKTS:SCMWY) Reaches New 52-Week High - What's Next?

Key Points

• Swisscom AG shares reached a new 52-week high of $74.74, significantly increasing from a previous close of $73.90.
• Recent research reports have predominantly given Swisscom a "hold" rating, with three equities analysts confirming this assessment.
• Despite a robust market cap of $386.91 billion, Swisscom reported a $0.61 EPS for the last quarter, missing analyst expectations of $0.88 by $0.27.

Swisscom AG (OTCMKTS:SCMWY - Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as $74.74 and last traded at $74.74, with a volume of 1148 shares. The stock had previously closed at $73.90.

Analyst Ratings Changes

SCMWY has been the topic of a number of recent research reports. Zacks Research upgraded shares of Swisscom to a "hold" rating in a research note on Tuesday, August 12th. Berenberg Bank upgraded shares of Swisscom to a "hold" rating in a research note on Thursday, June 26th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Swisscom presently has an average rating of "Hold".

Swisscom Price Performance

The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.85 and a current ratio of 0.74. The company's 50 day moving average price is $71.89 and its 200 day moving average price is $67.08. The company has a market cap of $386.91 billion, a price-to-earnings ratio of 25.15 and a beta of 0.29.

Swisscom (OTCMKTS:SCMWY - Get Free Report) last issued its earnings results on Thursday, August 7th. The utilities provider reported $0.61 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.27). Swisscom had a net margin of 9.29% and a return on equity of 10.05%. The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.61 billion. On average, equities research analysts predict that Swisscom AG will post 3.47 earnings per share for the current fiscal year.

Swisscom Company Profile

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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