Cellcom Israel (OTCMKTS:CELJF) Sees Strong Trading Volume – Here’s Why

Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJFGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 8,251 shares traded hands during trading, an increase of 384% from the previous session’s volume of 1,704 shares.The stock last traded at $12.00 and had previously closed at $12.09.

Cellcom Israel Stock Performance

The business’s 50 day simple moving average is $10.54 and its 200-day simple moving average is $9.12. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.65 and a current ratio of 0.70.

Cellcom Israel (OTCMKTS:CELJFGet Free Report) last issued its quarterly earnings data on Wednesday, October 15th. The company reported $0.11 EPS for the quarter. The company had revenue of $311.45 million during the quarter. Cellcom Israel had a return on equity of 9.56% and a net margin of 5.40%.

About Cellcom Israel

(Get Free Report)

Cellcom Israel Ltd. provides cellular communications services in Israel. It operates in two segments, Cellular and Fixed-line. The Cellular segment offers cellular communications, and cellular equipment and related services. The Fixed-line segment provides infrastructure and internet access, internet-based television, international telephony, landline telephony services, and transmission services for business customers and for telecommunication operators; and conferencing, cloud computing, and server hosting services, as well as IOT solutions.

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