Swisscom AG (OTCMKTS:SCMWY – Get Free Report)’s stock price traded up 5.1% during mid-day trading on Friday. The company traded as high as $81.01 and last traded at $80.95. Approximately 856 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 12,470 shares. The stock had previously closed at $77.00.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. Citigroup reiterated a “neutral” rating on shares of Swisscom in a report on Monday, July 6th. Barclays reissued an “underweight” rating on shares of Swisscom in a report on Tuesday, August 18th. Five equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Swisscom currently has a consensus rating of “Reduce”.
Check Out Our Latest Research Report on Swisscom
Swisscom Trading Up 2.4%
The firm has a market cap of $422.28 billion, a price-to-earnings ratio of 25.47, a price-to-earnings-growth ratio of 1.89 and a beta of 0.28. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.62 and a quick ratio of 0.77. The firm’s fifty day moving average is $78.39 and its 200-day moving average is $80.52.
Swisscom (OTCMKTS:SCMWY – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.08. The firm had revenue of $4.57 billion for the quarter, compared to analyst estimates of $4.44 billion. Swisscom had a return on equity of 11.31% and a net margin of 8.86%. Equities analysts anticipate that Swisscom AG will post 3.15 earnings per share for the current year.
About Swisscom
Swisscom AG is a Switzerland-based telecommunications and information technology company. It provides mobile and fixed-line communications, broadband internet, television, and related digital services to residential and business customers. Its offerings also include cloud computing, cybersecurity, IT infrastructure, data-center services, and communications solutions for enterprises and public-sector organizations.
Swisscom serves customers primarily in Switzerland and, through its Fastweb subsidiary, in Italy.
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