Swisscom (OTCMKTS:SCMWY) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Swisscom AG (OTCMKTS:SCMWY) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $72.07 and traded as high as $73.45. Swisscom shares last traded at $72.66, with a volume of 11,134 shares changing hands.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Kepler Capital Markets upgraded shares of Swisscom to a “strong sell” rating in a research report on Tuesday, September 23rd. Zacks Research upgraded Swisscom from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. Finally, BNP Paribas raised Swisscom from a “hold” rating to an “outperform” rating in a report on Thursday, October 2nd. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Swisscom Price Performance

The firm has a market cap of $376.39 billion, a P/E ratio of 25.49 and a beta of 0.26. The company has a current ratio of 0.72, a quick ratio of 0.85 and a debt-to-equity ratio of 0.99. The business has a 50-day moving average of $72.05 and a two-hundred day moving average of $72.07.

Swisscom (OTCMKTS:SCMWY) last posted its earnings results on Thursday, November 6th. The utilities provider reported $0.88 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13. The firm had revenue of $4.62 billion during the quarter, compared to the consensus estimate of $4.62 billion. Swisscom had a return on equity of 10.34% and a net margin of 8.87%. On average, sell-side analysts anticipate that Swisscom AG will post 3.47 earnings per share for the current fiscal year.

Swisscom Company Profile

Swisscom AG is Switzerland’s leading telecommunications provider, offering a broad range of consumer and business communications services. Its core activities include mobile and fixed-line telephony, broadband internet, and digital television for residential customers, together with comprehensive information and communications technology (ICT) solutions for corporate and public-sector clients. The company also develops and markets cloud computing, data center, IoT and cybersecurity services, and supplies wholesale network access to other operators and service providers.

Swisscom’s origins lie in the Swiss state telecommunications system; over time it evolved from a government monopoly into a partly privatized joint-stock company while remaining majority-owned by the Swiss Confederation.