Shares of Swisscom AG (OTCMKTS:SCMWY - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $60.04 and traded as high as $69.83. Swisscom shares last traded at $69.55, with a volume of 6,646 shares changing hands.
Analysts Set New Price Targets
Separately, BNP Paribas downgraded shares of Swisscom from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 10th.
Get Our Latest Stock Report on SCMWY
Swisscom Price Performance
The stock has a fifty day moving average of $65.50 and a 200-day moving average of $60.17. The firm has a market capitalization of $354.74 billion, a P/E ratio of 20.26 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 issued its quarterly earnings results on Thursday, May 8th. The utilities provider reported $0.79 earnings per share for the quarter, missing analysts' consensus estimates of $0.92 by ($0.13). Swisscom had a net margin of 14.19% and a return on equity of 12.00%. The company had revenue of $4.58 billion during the quarter, compared to analyst estimates of $4.19 billion. Equities analysts predict that Swisscom AG will post 3.47 EPS 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.
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