Shares of Cellcom Israel Ltd. (NYSE:CEL) gapped up prior to trading on Wednesday . The stock had previously closed at $6.80, but opened at $7.04. Cellcom Israel shares last traded at $7.29, with a volume of 33,602 shares.

Separately, Barclays PLC started coverage on shares of Cellcom Israel in a research note on Monday, July 18th. They issued an “overweight” rating for the company.

The company’s 50-day moving average is $6.78 and its 200-day moving average is $6.92. The stock has a market cap of $730.39 million and a PE ratio of 21.87.

Cellcom Israel (NYSE:CEL) last posted its earnings results on Wednesday, August 10th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.02. On average, equities research analysts predict that Cellcom Israel Ltd. will post $1.16 earnings per share for the current year.

Cellcom Israel Ltd. is a provider of cellular communications services. The Company offers a range of cellular services through its second-generation (2G), third-generation (3G) and fourth-generation (4G) cellular networks. These services include basic and advanced cellular telephone services, text and multimedia messaging services and advanced cellular content and data services.

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