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Cellcom Israel (OTCMKTS:CELJF) Trading 3.4% Higher - Still a Buy?

Cellcom Israel logo with Computer and Technology background

Cellcom Israel Ltd. (OTCMKTS:CELJF - Get Free Report) rose 3.4% during mid-day trading on Thursday . The stock traded as high as $6.73 and last traded at $6.73. Approximately 310 shares traded hands during trading, a decline of 78% from the average daily volume of 1,421 shares. The stock had previously closed at $6.51.

Wall Street Analyst Weigh In

Separately, Barclays cut shares of Cellcom Israel from a "hold" rating to a "strong sell" rating in a report on Tuesday, January 28th.

Read Our Latest Analysis on Cellcom Israel

Cellcom Israel Stock Performance

The firm's 50 day simple moving average is $6.45 and its 200-day simple moving average is $5.90. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 28.04 and a beta of 0.98. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.60 and a current ratio of 0.65.

Cellcom Israel Company Profile

(Get Free Report)

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.

Further Reading

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