Cellcom Israel (OTCMKTS:CELJF) Reaches New 1-Year High – Time to Buy?

Cellcom Israel Ltd. (OTCMKTS:CELJF)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $7.49 and last traded at $6.97, with a volume of 200 shares traded. The stock had previously closed at $7.00.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of Cellcom Israel from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 28th.

Cellcom Israel Trading Down 0.4 %

The company’s 50 day simple moving average is $6.06 and its 200 day simple moving average is $4.94. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.65 and a quick ratio of 0.60. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 29.04 and a beta of 1.00.

Cellcom Israel Company Profile

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.