Cellcom Israel (CEL) Cut to “D” at TheStreet
TheStreet cut shares of Cellcom Israel (NYSE:CEL) from a c- rating to a d rating in a report released on Tuesday morning, TheStreetRatingsTable reports.
CEL stock opened at $4.24 on Tuesday. Cellcom Israel has a fifty-two week low of $3.55 and a fifty-two week high of $7.66. The company has a debt-to-equity ratio of 1.93, a quick ratio of 1.70 and a current ratio of 1.76.
Cellcom Israel (NYSE:CEL) last issued its quarterly earnings results on Monday, March 18th. The technology company reported ($0.08) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.12). Cellcom Israel had a negative net margin of 1.65% and a negative return on equity of 3.81%. The business had revenue of $245.00 million during the quarter.
About Cellcom Israel
Cellcom Israel Ltd. engages in the provision of cellular communications services. It operates through two segments: Cellcom and Netvision. The Cellcom segment includes Cellcom Israel Ltd. and its subsidiaries. The Netvision segment includes Netvision Ltd. and its subsidiaries. The company offers cellular and landline telephony; roaming, internet, and fax services; text and multimedia messaging services; cellular content and data services; technical support; account information; and direct-to-the-door parcel delivery.
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