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

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s share price gapped up before the market opened on Monday . The stock had previously closed at $10.51, but opened at $11.1275. Cellcom Israel shares last traded at $11.1275, with a volume of 562 shares trading hands.

Cellcom Israel Stock Performance

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.60 and a current ratio of 0.67. The company has a market cap of $1.79 billion, a PE ratio of 28.77 and a beta of 1.04. The company’s 50 day moving average price is $9.90 and its 200-day moving average price is $8.61.

Cellcom Israel (OTCMKTS:CELJF) last posted its quarterly earnings data on Wednesday, October 15th. The company reported $0.11 EPS for the quarter. Cellcom Israel had a return on equity of 9.76% and a net margin of 5.40%.The business had revenue of $311.45 million for the quarter.

About Cellcom Israel

Cellcom Israel Ltd. provides cellular communications services in Israel. It operates in two segments, Cellular and Fixed-line. The Cellular segment offers cellular communications, and cellular equipment and related services. The Fixed-line segment provides infrastructure and internet access, internet-based television, international telephony, landline telephony services, and transmission services for business customers and for telecommunication operators; and conferencing, cloud computing, and server hosting services, as well as IOT solutions.