Swisscom AG (OTCMKTS:SCMWY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $64.59 and traded as high as $71.97. Swisscom shares last traded at $71.83, with a volume of 7,796 shares changing hands.
Analysts Set New Price Targets
A number of research firms have recently issued reports on SCMWY. Berenberg Bank upgraded shares of Swisscom to a "hold" rating in a research note on Thursday, June 26th. Zacks Research raised shares of Swisscom to a "hold" rating in a report on Tuesday.
Check Out Our Latest Research Report on SCMWY
Swisscom Trading Up 0.5%
The business's 50-day moving average price is $70.51 and its two-hundred day moving average price is $64.90. The company has a market capitalization of $375.15 billion, a P/E ratio of 24.38 and a beta of 0.30. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.85 and a quick ratio of 0.85.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The utilities provider reported $0.61 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.27). The company had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.61 billion. Swisscom had a net margin of 9.29% and a return on equity of 10.09%. As a group, analysts forecast that Swisscom AG will post 3.47 EPS for the current fiscal year.
About Swisscom
(
Get Free Report)
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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