Cellcom Israel (OTCMKTS:CELJF) Shares Gap Up – Should You Buy?
by Kim Johansen · The Markets DailyCellcom Israel, Ltd. (OTCMKTS:CELJF – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $10.35, but opened at $10.9908. Cellcom Israel shares last traded at $10.9908, with a volume of 150 shares changing hands.
Cellcom Israel Stock Performance
The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 26.17 and a beta of 0.88. The firm has a fifty day simple moving average of $11.49 and a 200-day simple moving average of $11.13.
Cellcom Israel Company Profile
Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and organizations. Its offerings include cellular voice and data services, fixed-line communications, broadband internet, television services and international communications.
The company also provides related infrastructure and communications solutions, including fiber-optic connectivity and other fixed communications services. Cellcom serves customers primarily in Israel through its wireless and fixed networks, retail channels and digital service platforms.
Founded in 1994, Cellcom Israel became one of the country’s established telecommunications providers as Israel’s mobile and broadband markets developed.
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