Swisscom (OTCMKTS:SCMWY) Sets New 52-Week Low at $55.78

Shares of Swisscom AG (OTCMKTS:SCMWY) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $55.78 and last traded at $55.82, with a volume of 73650 shares trading hands. The stock had previously closed at $56.96.

Swisscom Stock Down 2.0 %

The firm has a fifty day simple moving average of $58.32 and a 200-day simple moving average of $58.72. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $289.16 billion, a P/E ratio of 15.52, a P/E/G ratio of 6.66 and a beta of 0.24.

Swisscom (OTCMKTS:SCMWY) last released its quarterly earnings results on Thursday, February 8th. The utilities provider reported $0.87 earnings per share for the quarter. The company had revenue of $3.24 billion for the quarter. Swisscom had a return on equity of 14.74% and a net margin of 15.12%. On average, equities research analysts expect that Swisscom AG will post 3.61 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.