Cellcom Israel (OTCMKTS:CELJF) Shares Gap Up – Time to Buy?

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $11.30, but opened at $11.9490. Cellcom Israel shares last traded at $11.9490, with a volume of 161 shares trading hands.

Cellcom Israel Trading Up 5.7%

The business has a fifty day simple moving average of $10.71 and a 200 day simple moving average of $11.02. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 28.45 and a beta of 0.87. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.63 and a current ratio of 0.68.

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.