Swisscom (OTCMKTS:SCMWY) Sets New 1-Year High – Should You Buy?

Swisscom AG (OTCMKTS:SCMWY)’s stock price reached a new 52-week high on Monday . The stock traded as high as $71.66 and last traded at $71.66, with a volume of 12476 shares changing hands. The stock had previously closed at $70.72.

Wall Street Analyst Weigh In

Several equities analysts have commented on SCMWY shares. BNP Paribas downgraded Swisscom from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 10th. Berenberg Bank raised Swisscom to a “hold” rating in a research report on Thursday, June 26th.

Swisscom Stock Performance

The company has a debt-to-equity ratio of 0.99, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a fifty day simple moving average of $68.26 and a 200 day simple moving average of $61.90. The company has a market capitalization of $371.21 billion, a price-to-earnings ratio of 22.61 and a beta of 0.30.

Swisscom (OTCMKTS:SCMWY) last issued its quarterly 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 firm had revenue of $4.58 billion during the quarter, compared to analyst estimates of $4.19 billion. Swisscom had a return on equity of 11.08% and a net margin of 11.06%. On average, 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.