Swisscom (OTCMKTS:SCMWY) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Swisscom AG (OTCMKTS:SCMWY) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $59.51 and traded as high as $60.30. Swisscom shares last traded at $59.94, with a volume of 13,044 shares changing hands.

Swisscom Stock Performance

The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.11 and a current ratio of 2.11. The stock has a market cap of $311.69 billion, a PE ratio of 17.80 and a beta of 0.27. The company’s 50-day moving average price is $57.63 and its two-hundred day moving average price is $59.52.

Swisscom (OTCMKTS:SCMWY) last announced its quarterly earnings data on Thursday, February 13th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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, equities research analysts forecast that Swisscom AG will post 3.47 EPS 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.