B Communications (OTCMKTS:BCOMF) Releases Earnings Results

B Communications (OTCMKTS:BCOMF) posted its quarterly earnings data on Tuesday. The company reported $1.28 EPS for the quarter, Zacks reports. B Communications had a return on equity of 23.56% and a net margin of 24.55%.The firm had revenue of $672.19 million during the quarter.

B Communications Stock Performance

OTCMKTS:BCOMF opened at $4.30 on Thursday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.91 and a current ratio of 0.93. The stock has a 50-day simple moving average of $6.57 and a two-hundred day simple moving average of $7.11. The firm has a market capitalization of $448.36 million, a PE ratio of 0.80 and a beta of 1.60. B Communications has a 52-week low of $3.28 and a 52-week high of $14.22.

About B Communications

B Communications Ltd is an Israel‐based holding company whose principal asset is its controlling equity interest in Bezeq The Israel Telecommunication Corporation Ltd, the country’s largest integrated telecommunications provider. B Communications itself does not operate telecom services directly but derives its revenues and strategic direction from its stake in Bezeq, which offers a full suite of communications services across Israel.

Through Bezeq and its subsidiaries, B Communications benefits from operations in fixed-line telephony, broadband internet access, cellular mobile services, international communications and pay-TV broadcasting.