B Communications (OTCMKTS:BCOMF) Trading Down 20.9% - What's Next?

Key Points

• B Communications Ltd. (OTCMKTS:BCOMF) experienced a significant decline of 20.9% in stock price, closing at $5.93 after previously closing at $7.50.
• The company’s trading volume surged to approximately 30,959% above its average daily volume, indicating heightened investor activity.
• B Communications has a market capitalization of $617.67 million and a notable debt-to-equity ratio of 2.24, reflecting potential financial leverage concerns.

B Communications Ltd. (OTCMKTS:BCOMF - ) was down 20.9% during trading on Wednesday . The company traded as low as $5.93 and last traded at $5.93. Approximately 1,320 shares traded hands during mid-day trading, an increase of 30,959% from the average daily volume of 4 shares. The stock had previously closed at $7.50.

B Communications Trading Down 20.9%

The company has a debt-to-equity ratio of 2.24, a current ratio of 1.45 and a quick ratio of 1.42. The company has a market cap of $617.67 million, a PE ratio of 31.21 and a beta of 1.17. The company's 50 day simple moving average is $6.83 and its two-hundred day simple moving average is $5.34.

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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