Swisscom (OTCMKTS:SCMWY) Shares Pass Above 200 Day Moving Average of $57.46

Shares of Swisscom AG (OTCMKTS:SCMWY) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $57.46 and traded as high as $60.24. Swisscom shares last traded at $60.14, with a volume of 12,856 shares trading hands.

Swisscom Stock Performance

The stock’s 50 day moving average price is $56.69 and its 200 day moving average price is $57.48. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.41. The firm has a market cap of $311.53 billion, a PE ratio of 16.16 and a beta of 0.28.

Swisscom (OTCMKTS:SCMWY) last issued its earnings results on Thursday, May 2nd. The utilities provider reported $1.00 EPS for the quarter. Swisscom had a net margin of 15.31% and a return on equity of 14.70%. The business had revenue of $3.09 billion for the quarter. As a group, equities analysts forecast that Swisscom AG will post 3.56 earnings per share for the current fiscal 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.