Swisscom (OTCMKTS:SCMWY) Stock Passes Above 200-Day Moving Average – What’s Next?

Shares of Swisscom AG (OTCMKTS:SCMWY) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $59.06 and traded as high as $62.15. Swisscom shares last traded at $61.73, with a volume of 19,672 shares changing hands.

Swisscom Stock Up 1.4 %

The business’s fifty day simple moving average is $58.43 and its two-hundred day simple moving average is $59.06. The company has a market cap of $319.78 billion, a PE ratio of 18.26 and a beta of 0.28. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.11 and a quick ratio of 2.11.

Swisscom (OTCMKTS:SCMWY) last announced its quarterly earnings results on Thursday, February 13th. The utilities provider reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.34). The business had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.23 billion. Swisscom had a net margin of 14.19% and a return on equity of 12.00%. On average, analysts predict that Swisscom AG will post 3.47 earnings per share for the current 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.