Swisscom (OTCMKTS:SCMWY) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Swisscom AG (OTCMKTS:SCMWY)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $59.06 and traded as high as $62.15. Swisscom shares last traded at $61.73, with a volume of 19,672 shares.

Analyst Upgrades and Downgrades

Separately, BNP Paribas lowered shares of Swisscom from a “strong-buy” rating to a “hold” rating in a report on Thursday.

Swisscom Stock Performance

The stock’s 50-day moving average is $58.59 and its 200 day moving average is $59.05. 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 firm has a market cap of $331.01 billion, a P/E ratio of 18.91 and a beta of 0.28.

Swisscom (OTCMKTS:SCMWY) last announced its quarterly earnings results on Thursday, February 13th. The utilities provider reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.34). The company had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $3.23 billion. Swisscom had a net margin of 14.19% and a return on equity of 12.00%. On average, research analysts predict that Swisscom AG will post 3.47 earnings per share 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.