Swisscom (OTCMKTS:SCMWY) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Swisscom AG (OTCMKTS:SCMWY)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $59.51 and traded as high as $60.30. Swisscom shares last traded at $59.94, with a volume of 13,044 shares changing hands.

Swisscom Trading Up 0.4 %

The company has a market cap of $310.49 billion, a price-to-earnings ratio of 17.73 and a beta of 0.27. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.85. The business’s 50 day moving average price is $57.55 and its 200-day moving average price is $59.51.

Swisscom (OTCMKTS:SCMWY) last issued its quarterly earnings data on Thursday, February 13th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.34). Swisscom had a return on equity of 12.00% and a net margin of 14.19%. The company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. On average, equities analysts anticipate that Swisscom AG will post 3.47 EPS for the current fiscal year.

About Swisscom

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.