Swisscom (OTCMKTS:SCMWY) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Swisscom AG (OTCMKTS:SCMWY) saw an uptick in trading volume on Tuesday. Approximately 26,445 shares were traded during mid-day trading, an increase of 116% from the previous session’s volume of 12,218 shares. The stock last traded at $76.08 and had previously closed at $74.90.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on SCMWY shares. Barclays reissued an “underweight” rating on shares of Swisscom in a research report on Tuesday, August 18th. Citigroup reaffirmed a “neutral” rating on shares of Swisscom in a report on Monday, July 6th. Five analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Swisscom presently has an average rating of “Reduce”.

Swisscom Price Performance

The company’s 50-day moving average is $78.39 and its two-hundred day moving average is $80.75. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.62 and a quick ratio of 0.77. The firm has a market cap of $392.72 billion, a P/E ratio of 23.69, a PEG ratio of 2.15 and a beta of 0.28.

Swisscom (OTCMKTS:SCMWY) last announced its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. Swisscom had a net margin of 8.86% and a return on equity of 11.31%. The firm had revenue of $4.57 billion for the quarter, compared to the consensus estimate of $4.44 billion. Sell-side analysts anticipate that Swisscom AG will post 3.02 EPS for the current fiscal year.

About Swisscom

Swisscom AG is a Switzerland-based telecommunications and information technology company. It provides mobile and fixed-line communications, broadband internet, television, and related digital services to residential and business customers. Its offerings also include cloud computing, cybersecurity, IT infrastructure, data-center services, and communications solutions for enterprises and public-sector organizations.

Swisscom serves customers primarily in Switzerland and, through its Fastweb subsidiary, in Italy.