Cellcom Israel (OTCMKTS:CELJF) Shares Gap Up – Should You Buy?

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $8.01, but opened at $9.00. Cellcom Israel shares last traded at $9.00, with a volume of 735 shares traded.

Cellcom Israel Stock Performance

The business has a 50 day moving average price of $11.54 and a two-hundred day moving average price of $10.91. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.63 and a current ratio of 0.68. The company has a market cap of $1.65 billion, a P/E ratio of 24.05 and a beta of 0.94.

Cellcom Israel (OTCMKTS:CELJF) last announced its quarterly earnings results on Monday, January 12th. The company reported $0.13 earnings per share (EPS) for the quarter. Cellcom Israel had a return on equity of 10.12% and a net margin of 5.98%.The company had revenue of $307.28 million for the quarter.

Cellcom Israel Company Profile

Cellcom Israel Ltd. is a leading provider of wireless telecommunications services in Israel. Established in 1994 and headquartered in Netanya, the company operates one of the country’s most extensive cellular networks. Through its infrastructure, Cellcom delivers voice, messaging and data solutions to a broad customer base that includes individual consumers, small businesses and large enterprises.

The company’s core offerings encompass mobile voice plans, high-speed 4G and 5G data connectivity, international roaming and value-added content services.