B Communications (OTCMKTS:BCOMF) Shares Gap Up - Should You Buy?

Key Points

• B Communications Ltd's shares gapped up significantly, opening at $6.69 after a previous close of $5.93, marking a increase of 12.7%.
• The company's market capitalization is $696.31 million with a price-to-earnings ratio of 23.88, indicating relatively high valuation metrics.
• B Communications provides a variety of telecommunications services in Israel, including landline, cellular, and international services through its various segments.

Shares of B Communications Ltd. (OTCMKTS:BCOMF - ) gapped up prior to trading on Monday . The stock had previously closed at $5.93, but opened at $6.69. B Communications shares last traded at $6.69, with a volume of 304 shares changing hands.

B Communications Stock Up 12.7%

The firm has a market capitalization of $696.31 million, a price-to-earnings ratio of 23.88 and a beta of 1.15. The business's 50-day moving average is $6.89 and its two-hundred day moving average is $5.39. The company has a debt-to-equity ratio of 2.24, a quick ratio of 1.42 and a current ratio of 1.45.

About B Communications

B Communications Ltd., through its subsidiaries, provides a range of telecommunications services for business and private customers in Israel. It operates through Interior Landline Communication, Cellular Communication, Bezeq International Services, and Multi-Channel TV segments. The company offers landline interior communications, including telephony, internet services and infrastructure, transmission and data communication, and wholesale services; and cellular radio-telephone services.

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