Swisscom (OTCMKTS:SCMWY) Hits New 52-Week High - Time to Buy?

Swisscom AG (OTCMKTS:SCMWY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $66.87 and last traded at $65.79, with a volume of 12408 shares changing hands. The stock had previously closed at $65.73.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas lowered Swisscom from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 10th.

Swisscom Stock Performance

The stock has a market cap of $336.35 billion, a price-to-earnings ratio of 19.21 and a beta of 0.28. The company's 50 day simple moving average is $59.86 and its 200 day simple moving average is $59.10. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.11 and a current ratio of 2.11.

Swisscom (OTCMKTS:SCMWY - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The utilities provider reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.34). Swisscom had a net margin of 14.19% and a return on equity of 12.00%. The firm had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. On average, equities research analysts anticipate 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.