Swisscom (OTCMKTS:SCMWY) Stock Passes Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Swisscom's stock price recently crossed above its 200-day moving average, reaching a high of $73.84 before closing at $73.75.
• The company reported a quarterly earnings miss, with earnings per share of $0.61 compared to the expected $0.88, and a revenue of $4.57 billion against an expectation of $4.61 billion.
• Equities analysts have rated Swisscom with a mostly "hold" rating, reflecting cautious optimism among investors about the stock's performance.

Swisscom AG (OTCMKTS:SCMWY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $66.86 and traded as high as $73.84. Swisscom shares last traded at $73.75, with a volume of 10,575 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Zacks Research upgraded Swisscom to a "hold" rating in a research note on Tuesday, August 12th. Berenberg Bank upgraded Swisscom to a "hold" rating in a research note on Thursday, June 26th. Three analysts have rated the stock with a Hold rating, According to MarketBeat, Swisscom has a consensus rating of "Hold".

Swisscom Trading Up 1.2%

The company has a current ratio of 0.74, a quick ratio of 0.85 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $387.39 billion, a price-to-earnings ratio of 25.18 and a beta of 0.29. The company has a fifty day moving average of $71.97 and a 200-day moving average of $67.28.

Swisscom (OTCMKTS:SCMWY - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The utilities provider reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.27). Swisscom had a return on equity of 10.05% and a net margin of 9.29%.The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.61 billion. As a group, equities research analysts anticipate that Swisscom AG will post 3.47 earnings per share for the current fiscal year.

Swisscom Company Profile

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.