Cellcom Israel (OTCMKTS:CELJF) Shares Gap Up – Here’s Why

Cellcom Israel, Ltd. (OTCMKTS:CELJFGet Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $10.46, but opened at $12.53. Cellcom Israel shares last traded at $10.4768, with a volume of 625 shares traded.

Cellcom Israel Trading Up 9.1%

The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 24.95 and a beta of 0.86. 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 business’s 50-day simple moving average is $11.51 and its 200-day simple moving average is $11.33.

About Cellcom Israel

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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.

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