B Communications (OTCMKTS:BCOMF) Shares Gap Up – Here’s What Happened
by Sarita Garza · The Markets DailyB Communications Ltd. (OTCMKTS:BCOMF – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $10.25, but opened at $14.22. B Communications shares last traded at $14.22, with a volume of 651 shares trading hands.
B Communications Price Performance
The firm has a market capitalization of $1.46 billion, a PE ratio of 18.67 and a beta of 1.47. The stock’s 50 day simple moving average is $7.53 and its two-hundred day simple moving average is $7.04. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.98 and a current ratio of 1.01.
About B Communications
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.