Swisscom (OTCMKTS:SCMWY) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?

Shares of Swisscom AG (OTCMKTS:SCMWY - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $59.18 and traded as high as $67.41. Swisscom shares last traded at $67.21, with a volume of 9,464 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas downgraded Swisscom from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 10th.

Swisscom Stock Up 0.7%

The stock has a 50-day simple moving average of $63.59 and a 200-day simple moving average of $59.40. The firm has a market capitalization of $358.97 billion, a PE ratio of 20.50 and a beta of 0.30. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.85.

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 14.19% and a return on equity of 12.00%. Analysts forecast that Swisscom AG will post 3.47 EPS for the current 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.