Swisscom AG (OTCMKTS:SCMWY - Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $62.51 and traded as high as $70.98. Swisscom shares last traded at $70.96, with a volume of 9,064 shares trading hands.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the stock. BNP Paribas cut shares of Swisscom from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 10th. Berenberg Bank upgraded Swisscom to a "hold" rating in a report on Thursday, June 26th.
Check Out Our Latest Stock Report on Swisscom
Swisscom Stock Performance
The firm has a market cap of $359.35 billion, a P/E ratio of 21.88 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 business has a fifty day simple moving average of $68.91 and a 200-day simple moving average of $62.62.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last announced its quarterly earnings data 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). The business 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, sell-side analysts predict that Swisscom AG will post 3.47 EPS for the current fiscal year.
Swisscom Company Profile
(
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.
See Also
Before you consider Swisscom, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Swisscom wasn't on the list.
While Swisscom currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
