Swisscom (OTCMKTS:SCMWY) Sees Large Volume Increase – Should You Buy?

Swisscom AG (OTCMKTS:SCMWY) shares saw unusually-strong trading volume on Tuesday . Approximately 36,048 shares changed hands during trading, an increase of 178% from the previous session’s volume of 12,949 shares.The stock last traded at $70.1320 and had previously closed at $71.82.

Analyst Ratings Changes

Several research firms recently issued reports on SCMWY. Zacks Research raised shares of Swisscom from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 12th. Kepler Capital Markets raised Swisscom to a “strong sell” rating in a research note on Tuesday, September 23rd. Finally, BNP Paribas upgraded Swisscom from a “hold” rating to an “outperform” rating in a research note on Thursday, October 2nd. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Swisscom currently has a consensus rating of “Hold”.

Swisscom Stock Performance

The company has a current ratio of 0.74, a quick ratio of 0.85 and a debt-to-equity ratio of 1.08. The stock’s 50 day moving average is $73.20 and its 200 day moving average is $71.81. The stock has a market capitalization of $360.07 billion, a price-to-earnings ratio of 24.39 and a beta of 0.26.

Swisscom (OTCMKTS:SCMWY) last announced its quarterly earnings results on Thursday, November 6th. The utilities provider reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.13. The company had revenue of $4.62 billion for the quarter, compared to the consensus estimate of $4.62 billion. Swisscom had a net margin of 8.87% and a return on equity of 10.53%. 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.