Cellcom Israel (OTCMKTS:CELJF) Sees Large Volume Increase - What's Next?

Key Points

• Cellcom Israel experienced a significant increase in trading volume, with approximately 6,805 shares traded, marking a 295% rise from the previous session.
• The stock was upgraded to a "strong-buy" rating by Wall Street Zen recently, though it maintains an average rating of "Sell" according to MarketBeat.com.
• Cellcom Israel has a market capitalization of $1.59 billion, a price-to-earnings ratio of 27.08, and operates in both cellular and fixed-line communications services.

Cellcom Israel, Ltd. (OTCMKTS:CELJF - Get Free Report) saw unusually-high trading volume on Monday . Approximately 6,805 shares traded hands during trading, an increase of 295% from the previous session's volume of 1,722 shares.The stock last traded at $9.75 and had previously closed at $9.06.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Cellcom Israel to a "strong-buy" rating in a research report on Sunday, July 20th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Cellcom Israel has an average rating of "Sell".

Cellcom Israel Price Performance

The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 27.08 and a beta of 1.00. The company has a 50 day moving average of $8.89 and a 200 day moving average of $7.63. The company has a quick ratio of 0.60, a current ratio of 0.67 and a debt-to-equity ratio of 0.44.

About Cellcom Israel

Cellcom Israel Ltd. provides cellular communications services in Israel. It operates in two segments, Cellular and Fixed-line. The Cellular segment offers cellular communications, and cellular equipment and related services. The Fixed-line segment provides infrastructure and internet access, internet-based television, international telephony, landline telephony services, and transmission services for business customers and for telecommunication operators; and conferencing, cloud computing, and server hosting services, as well as IOT solutions.

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