Swisscom (OTCMKTS:SCMWY) Share Price Crosses 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 Monday . The stock has a 200-day moving average of $59.18 and traded as high as $67.41. Swisscom shares last traded at $67.21, with a volume of 9,464 shares.

Wall Street Analyst Weigh In

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

Swisscom Stock Performance

The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.85. The firm’s fifty day moving average price is $62.91 and its 200-day moving average price is $59.18. The firm has a market cap of $348.16 billion, a price-to-earnings ratio of 19.88 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by ($0.13). Swisscom had a net margin of 14.19% and a return on equity of 12.00%. The company had revenue of $4.58 billion during the quarter, compared to analyst estimates of $4.19 billion. 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.