Swisscom AG (OTCMKTS:SCMWY – Get Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $65.54 and last traded at $65.37, with a volume of 1896 shares. The stock had previously closed at $64.99.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on SCMWY shares. New Street Research raised shares of Swisscom to a “hold” rating in a report on Monday, September 9th. Barclays raised shares of Swisscom to a “strong sell” rating in a report on Thursday, August 15th.
View Our Latest Stock Report on Swisscom
Swisscom Stock Performance
Swisscom (OTCMKTS:SCMWY – Get Free Report) last released its quarterly earnings data on Wednesday, July 31st. The utilities provider reported $0.81 EPS for the quarter. The business had revenue of $3.04 billion for the quarter. Swisscom had a net margin of 15.03% and a return on equity of 14.17%. As a group, equities research analysts expect that Swisscom AG will post 3.53 EPS for the current fiscal 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.
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