Bezeq The Israel Telecommunication Corp. Ltd (OTCMKTS:BZQIY – Get Free Report)’s stock price was down 3.3% during trading on Wednesday. The stock traded as low as $11.51 and last traded at $11.51. Approximately 1,107 shares traded hands during mid-day trading, an increase of 39% from the average daily volume of 797 shares. The stock had previously closed at $11.90.
Bezeq The Israel Telecommunication Stock Down 3.3%
The company’s fifty day simple moving average is $12.29 and its two-hundred day simple moving average is $12.76.
Bezeq The Israel Telecommunication Company Profile
Bezeq The Israel Telecommunication Corp. Ltd. is Israel’s principal telecommunications provider. The company operates fixed-line communications services, including voice, broadband internet, data connectivity, and related infrastructure for residential, business, and government customers.
Through its subsidiaries and affiliated businesses, the Bezeq Group also provides cellular communications, international telecommunications, internet access, and pay-television services. Its operating businesses have included Pelephone Communications, Bezeq International, and yes, a provider of satellite and television services in Israel.
Bezeq was established in 1984 following the reorganization of Israel’s telecommunications system and was historically the country’s government-owned telecommunications monopoly.
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