Cellcom Israel (OTCMKTS:CELJF) Sets New 1-Year High - Here's Why

Key Points

• Cellcom Israel's stock reached a new 52-week high at $9.23, closing at $8.49 with a trading volume of 10,100 shares.
• Wall Street Zen upgraded Cellcom Israel to a "strong-buy" rating, although the consensus rating remains a "Sell."
• The company's latest earnings report showed an EPS of $0.09 and revenue of $300.50 million, with a return on equity of 9.26% and a net margin of 5.11%.

Cellcom Israel, Ltd. (OTCMKTS:CELJF - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $9.23 and last traded at $8.49, with a volume of 10100 shares changing hands. The stock had previously closed at $9.00.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Cellcom Israel to a "strong-buy" rating in a report on Sunday, July 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of "Sell".

Cellcom Israel Price Performance

The company has a quick ratio of 0.60, a current ratio of 0.67 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $1.47 billion, a P/E ratio of 25.00 and a beta of 0.94. The firm has a 50-day moving average price of $8.13 and a two-hundred day moving average price of $7.19.

Cellcom Israel (OTCMKTS:CELJF - Get Free Report) last issued its earnings results on Wednesday, June 25th. The company reported $0.09 EPS for the quarter. The firm had revenue of $300.50 million during the quarter. Cellcom Israel had a return on equity of 9.26% and a net margin of 5.11%.

Cellcom Israel Company Profile

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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