Swisscom AG (OTCMKTS:SCMWY - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $59.06 and traded as high as $62.15. Swisscom shares last traded at $61.73, with a volume of 19,672 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, BNP Paribas cut shares of Swisscom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 10th.
Check Out Our Latest Analysis on SCMWY
Swisscom Trading Up 0.1 %
The company has a market capitalization of $332.80 billion, a PE ratio of 19.01 and a beta of 0.28. The stock has a fifty day moving average of $58.87 and a two-hundred day moving average of $59.03. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.85.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.34). Swisscom had a net margin of 14.19% and a return on equity of 12.00%. The business had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $3.23 billion. As a group, sell-side analysts anticipate that Swisscom AG will post 3.47 earnings per share 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.
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