Swisscom (OTCMKTS:SCMWY) Sets New 12-Month High at $65.54

Swisscom AG (OTCMKTS:SCMWY)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $65.54 and last traded at $65.37, with a volume of 1896 shares trading hands. The stock had previously closed at $64.99.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. New Street Research raised shares of Swisscom to a “hold” rating in a research note on Monday, September 9th. Barclays raised shares of Swisscom to a “strong sell” rating in a research note on Thursday, August 15th.

Swisscom Trading Up 0.6 %

The business’s 50 day simple moving average is $61.70 and its two-hundred day simple moving average is $58.44. The stock has a market cap of $338.63 billion, a P/E ratio of 17.33 and a beta of 0.28. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.41.

Swisscom (OTCMKTS:SCMWY) last issued its quarterly earnings results on Wednesday, July 31st. The utilities provider reported $0.81 EPS for the quarter. The company had revenue of $3.04 billion for the quarter. Swisscom had a net margin of 15.03% and a return on equity of 14.17%. As a group, analysts expect that Swisscom AG will post 3.53 EPS 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.