Swisscom AG (OTCMKTS:SCMWY - Get Free Report) 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.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on the company. Berenberg Bank raised Swisscom to a "hold" rating in a research note 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 Report on SCMWY
Swisscom Stock Up 0.7%
The firm's 50-day simple moving average is $68.98 and its 200 day simple moving average is $62.71. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $361.91 billion, a P/E ratio of 22.04 and a beta of 0.30.
Swisscom (OTCMKTS:SCMWY - Get Free Report) last issued its earnings results on Thursday, May 8th. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.92 by ($0.13). The company had revenue of $4.58 billion for the quarter, compared to the consensus estimate of $4.19 billion. Swisscom had a return on equity of 11.08% and a net margin of 11.06%. On average, research analysts forecast that Swisscom AG will post 3.47 earnings per share for the current fiscal year.
Swisscom Company Profile
(
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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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