Swisscom (OTCMKTS:SCMWY) Lifted to Strong Sell at Barclays

Barclays upgraded shares of Swisscom (OTCMKTS:SCMWY) to a strong sell rating in a research report sent to investors on Thursday, Zacks.com reports.

Swisscom Price Performance

SCMWY opened at $61.31 on Thursday. The company has a 50 day simple moving average of $58.50 and a two-hundred day simple moving average of $57.60. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.41. Swisscom has a 1-year low of $53.01 and a 1-year high of $62.39.

Swisscom (OTCMKTS:SCMWY) last released its earnings results on Wednesday, July 31st. The utilities provider reported $0.81 earnings per share for the quarter. Swisscom had a net margin of 15.03% and a return on equity of 14.17%. The company had revenue of $3.04 billion for the quarter. As a group, equities analysts anticipate that Swisscom will post 3.53 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.