B Communications (OTCMKTS:BCOMF) Shares Gap Down – Time to Sell?

by · The Cerbat Gem

Shares of B Communications Ltd. (OTCMKTS:BCOMF – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $13.87, but opened at $7.84. B Communications shares last traded at $7.84, with a volume of 101 shares trading hands.

B Communications Stock Performance

The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $911.40 million, a price-to-earnings ratio of 11.67 and a beta of 1.47. The stock’s 50 day moving average price is $8.65 and its 200 day moving average price is $7.53.

B Communications Company Profile

(Get Free Report)

B Communications Ltd is an Israel‐based holding company whose principal asset is its controlling equity interest in Bezeq The Israel Telecommunication Corporation Ltd, the country’s largest integrated telecommunications provider. B Communications itself does not operate telecom services directly but derives its revenues and strategic direction from its stake in Bezeq, which offers a full suite of communications services across Israel.

Through Bezeq and its subsidiaries, B Communications benefits from operations in fixed-line telephony, broadband internet access, cellular mobile services, international communications and pay-TV broadcasting.

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