Cellcom Israel (OTCMKTS:CELJF) Shares Gap Down - Should You Sell?

Key Points

• Cellcom Israel's share price gapped down from $9.55 to $9.01 before trading on Tuesday, with a trading volume of 300 shares.
• Analysts' ratings are mixed, with one upgrade to a "strong-buy" from Wall Street Zen, while the consensus rating remains a "Sell".
• Cellcom Israel reported a quarterly revenue of $300.50 million with earnings per share of $0.09, alongside a return on equity of 9.26%.

Cellcom Israel, Ltd. (OTCMKTS:CELJF - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $9.55, but opened at $9.01. Cellcom Israel shares last traded at $9.01, with a volume of 300 shares trading hands.

Analyst Upgrades and Downgrades

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

Cellcom Israel Stock 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 stock has a 50 day simple moving average of $8.69 and a two-hundred day simple moving average of $7.48. The stock has a market capitalization of $1.47 billion, a P/E ratio of 25.03 and a beta of 1.00.

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

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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