Cellcom Israel (OTCMKTS:CELJF) Stock Price Down 8.2% - Here's Why

Key Points

• Cellcom Israel shares fell 8.2%, trading at $10.01, with significantly lower trading volume at 320 shares compared to the average of 1,788 shares.
• Despite the recent decline, a research analyst upgraded the stock to a "strong-buy" rating, contrasting with the overall consensus rating of "Sell."
• The company has a market capitalization of $1.64 billion and a price-to-earnings ratio of 27.81, indicating it operates within a structured financial framework.

Cellcom Israel, Ltd. (OTCMKTS:CELJF - Get Free Report) shares traded down 8.2% on Tuesday . The company traded as low as $10.01 and last traded at $10.01. 320 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 1,788 shares. The stock had previously closed at $10.90.

Analyst Upgrades and Downgrades

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 data from MarketBeat.com, Cellcom Israel has a consensus rating of "Sell".

Cellcom Israel Stock Down 8.2%

The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 27.81 and a beta of 1.06. The business's 50-day moving average is $9.26 and its two-hundred day moving average is $7.89. 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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