Cellcom Israel Ltd. (CEL) Shares Gap Up to $6.77
Shares of Cellcom Israel Ltd. (NYSE:CEL) gapped up prior to trading on Monday . The stock had previously closed at $6.65, but opened at $6.77. Cellcom Israel shares last traded at $7.05, with a volume of 31,671 shares.
Separately, Barclays PLC began coverage on shares of Cellcom Israel in a research note on Monday, July 18th. They issued an “overweight” rating on the stock.
The firm has a 50 day moving average price of $6.83 and a 200-day moving average price of $6.88. The firm has a market cap of $717.31 million and a PE ratio of 21.67.
Cellcom Israel (NYSE:CEL) last issued its quarterly earnings results on Monday, May 23rd. The company reported $0.15 earnings per share (EPS) for the quarter. Equities research analysts forecast that Cellcom Israel Ltd. will post $1.16 EPS for the current fiscal 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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