B Communications (OTCMKTS:BCOMF) Reaches New 52-Week High – Should You Buy?

B Communications Ltd. (OTCMKTS:BCOMF)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $7.75 and last traded at $7.75, with a volume of 10000 shares. The stock had previously closed at $7.50.

B Communications Stock Down 56.3%

The company has a debt-to-equity ratio of 1.74, a current ratio of 1.01 and a quick ratio of 0.98. The company has a 50-day moving average of $7.36 and a two-hundred day moving average of $6.86. The company has a market capitalization of $341.65 million, a PE ratio of 4.37 and a beta of 1.40.

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.