Swisscom (OTCMKTS:SCMWY) Share Price Passes Above 200 Day Moving Average of $49.50

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Shares of Swisscom AG (OTCMKTS:SCMWY) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $49.50 and traded as high as $52.00. Swisscom shares last traded at $51.95, with a volume of 2,946 shares traded.

SCMWY has been the subject of a number of research analyst reports. ValuEngine lowered Swisscom from a “hold” rating to a “sell” rating in a report on Monday, November 4th. Zacks Investment Research lowered Swisscom from a “buy” rating to a “hold” rating in a research note on Friday, September 20th.

The business has a 50 day moving average of $50.90 and a 200 day moving average of $49.50. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market capitalization of $26.58 billion, a price-to-earnings ratio of 17.25 and a beta of 0.27.

About Swisscom (OTCMKTS:SCMWY)

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. The company operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. It offers broadband, TV, fixed-network, and mobile phone subscription services, as well as national and international telephone, and data traffic services for residential customers, and small and medium-sized enterprises.

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