Swisscom (OTCMKTS:SCMWY) Downgraded by BNP Paribas to "Hold"

BNP Paribas cut shares of Swisscom (OTCMKTS:SCMWY - Free Report) from a strong-buy rating to a hold rating in a research report report published on Thursday morning,Zacks.com reports.

Swisscom Trading Up 0.1 %

Shares of OTCMKTS:SCMWY traded up $0.09 during midday trading on Thursday, hitting $64.25. The company had a trading volume of 6,539 shares, compared to its average volume of 19,603. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.85. Swisscom has a 12 month low of $53.01 and a 12 month high of $66.00. The firm has a fifty day simple moving average of $58.74 and a 200 day simple moving average of $59.00. The stock has a market cap of $332.80 billion, a price-to-earnings ratio of 19.01 and a beta of 0.28.

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