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

Swisscom AG (OTCMKTS:SCMWY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $70.81 and last traded at $70.81, with a volume of 5120 shares changing hands. The stock had previously closed at $70.05.

Analyst Ratings Changes

Separately, BNP Paribas downgraded shares of Swisscom from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 10th.

Swisscom Stock Performance

The company has a debt-to-equity ratio of 0.99, a current ratio of 0.85 and a quick ratio of 0.85. The business has a 50 day moving average price of $67.30 and a 200 day moving average price of $61.03. The stock has a market capitalization of $366.08 billion, a PE ratio of 22.29 and a beta of 0.30.

Swisscom (OTCMKTS:SCMWY) last released its quarterly earnings data on Thursday, May 8th. The utilities provider reported $0.79 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.13). Swisscom had a net margin of 11.06% and a return on equity of 11.08%. The business had revenue of $4.58 billion for the quarter, compared to analysts’ expectations of $4.19 billion. As a group, equities research analysts expect that Swisscom AG will post 3.47 earnings per share for the current 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.