Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJF – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $10.20, but opened at $11.10. Cellcom Israel shares last traded at $11.10, with a volume of 1,295 shares traded.
Cellcom Israel Trading Up 8.8%
The company has a market cap of $1.81 billion, a price-to-earnings ratio of 26.43 and a beta of 0.89. The company has a fifty day moving average price of $10.52 and a two-hundred day moving average price of $11.01.
Institutional Investors Weigh In On Cellcom Israel
A hedge fund recently bought a new position in Cellcom Israel stock. AWM Investment Company Inc. acquired a new position in shares of Cellcom Israel, Ltd. (OTCMKTS:CELJF – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 951,796 shares of the company’s stock, valued at approximately $13,420,000. Cellcom Israel accounts for about 1.2% of AWM Investment Company Inc.’s portfolio, making the stock its 27th largest holding. AWM Investment Company Inc. owned approximately 0.58% of Cellcom Israel as of its most recent filing with the Securities and Exchange Commission.
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.
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