Swisscom (OTCMKTS:SCMWY) Sets New 12-Month High – Still a Buy?

Swisscom AG (OTCMKTS:SCMWY)’s stock price hit a new 52-week high on Friday . The company traded as high as $75.00 and last traded at $75.00, with a volume of 943 shares changing hands. The stock had previously closed at $74.33.

Analyst Ratings Changes

SCMWY has been the subject of a number of recent research reports. Kepler Capital Markets raised shares of Swisscom to a “strong sell” rating in a research report on Tuesday, September 23rd. Berenberg Bank upgraded shares of Swisscom to a “hold” rating in a research report on Thursday, June 26th. BNP Paribas upgraded shares of Swisscom from a “hold” rating to an “outperform” rating in a research report on Thursday, October 2nd. Finally, Zacks Research cut shares of Swisscom from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Swisscom Trading Up 0.9%

The business’s 50 day moving average price is $73.20 and its two-hundred day moving average price is $69.74. The company has a market capitalization of $388.51 billion, a price-to-earnings ratio of 25.25 and a beta of 0.28. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.85 and a current ratio of 0.74.

Swisscom (OTCMKTS:SCMWY) last issued its quarterly earnings results on Thursday, August 7th. The utilities provider reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.27). The company had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.61 billion. Swisscom had a return on equity of 10.05% and a net margin of 9.29%. Equities analysts forecast 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.