Cellcom Israel (OTCMKTS:CELJF) Shares Gap Up – Still a Buy?

Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJF) 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.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Cellcom Israel to a “strong-buy” rating in a research note on Sunday, July 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Cellcom Israel currently has a consensus rating of “Sell”.

Cellcom Israel Stock Performance

The business’s 50 day simple moving average is $9.86 and its two-hundred day simple moving average is $8.55. The firm has a market capitalization of $1.82 billion, a PE ratio of 29.28 and a beta of 1.04. The company has a current ratio of 0.67, a quick ratio of 0.60 and a debt-to-equity ratio of 0.44.

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

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.