Swisscom (OTCMKTS:SCMWY) Hits New 12-Month High at $51.84
Swisscom AG (OTCMKTS:SCMWY) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $51.84 and last traded at $51.70, with a volume of 3127 shares changing hands. The stock had previously closed at $51.53.
Several equities analysts recently issued reports on SCMWY shares. ValuEngine downgraded Swisscom from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd. Zacks Investment Research downgraded Swisscom from a “buy” rating to a “hold” rating in a research report on Friday, September 20th.
The firm has a 50-day simple moving average of $49.96 and a two-hundred day simple moving average of $48.86. The company has a market capitalization of $26.63 billion, a price-to-earnings ratio of 17.18 and a beta of 0.27. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.98.
About Swisscom (OTCMKTS:SCMWY)
Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. The company operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. It offers broadband, TV, fixed-network, and mobile phone subscription services, as well as national and international telephone, and data traffic services for residential customers, and small and medium-sized enterprises.
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