Cellcom Israel (OTCMKTS:CELJF) Sees Strong Trading Volume – Still a Buy?

Cellcom Israel, Ltd. (OTCMKTS:CELJFGet Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 10,041 shares traded hands during trading, an increase of 800% from the previous session’s volume of 1,116 shares.The stock last traded at $11.05 and had previously closed at $11.14.

Cellcom Israel Price Performance

The business has a fifty day simple moving average of $11.16 and a 200 day simple moving average of $11.23. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 26.31 and a beta of 0.88.

About Cellcom Israel

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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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