Swisscom AG (OTCMKTS:SCMWY - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $62.90 and traded as high as $71.28. Swisscom shares last traded at $71.13, with a volume of 6,455 shares.
Wall Street Analyst Weigh In
Several equities analysts have commented on the company. Berenberg Bank raised Swisscom to a "hold" rating in a research report on Thursday, June 26th. BNP Paribas lowered shares of Swisscom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 10th.
Read Our Latest Analysis on SCMWY
Swisscom Stock Up 0.5%
The company has a market cap of $372.19 billion, a P/E ratio of 22.67 and a beta of 0.30. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.99. The company has a fifty day moving average of $69.74 and a 200 day moving average of $63.39.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last announced its earnings results on Thursday, May 8th. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.13). The firm had revenue of $4.58 billion during the quarter, compared to analysts' expectations of $4.19 billion. Swisscom had a return on equity of 11.08% and a net margin of 11.06%. On average, research analysts anticipate that Swisscom AG will post 3.47 earnings per share 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.
Further Reading
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