Cellcom Israel (OTCMKTS:CELJF) Sets New 52-Week High - What's Next?

Key Points

• Cellcom Israel's stock recently reached a new 52-week high, trading at $10.10 before closing at $9.69 with a trading volume of 2000 shares.
• Analysts have mixed views on the stock, with Wall Street Zen upgrading it to a "strong-buy" rating while the consensus rating remains a "Sell."
• The company reported a revenue of $300.50 million last quarter and has a market cap of $1.58 billion, indicating potential growth despite recent stock price fluctuations.

Cellcom Israel, Ltd. (OTCMKTS:CELJF - Get Free Report)'s share price hit a new 52-week high on Tuesday . The stock traded as high as $10.10 and last traded at $9.69, with a volume of 2000 shares. The stock had previously closed at $9.96.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded 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, Based on data from MarketBeat.com, the company has a consensus rating of "Sell".

Cellcom Israel Stock Down 2.7%

The stock has a market cap of $1.58 billion, a PE ratio of 26.92 and a beta of 1.00. The firm has a fifty day moving average of $8.60 and a 200 day moving average of $7.38. The company has a quick ratio of 0.60, a current ratio of 0.67 and a debt-to-equity ratio of 0.44.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.