B Communications (OTCMKTS:BCOMF) Trading 34.6% Higher – What’s Next?

B Communications Ltd. (OTCMKTS:BCOMFGet Free Report)’s share price was up 34.6% during trading on Tuesday . The stock traded as high as $13.80 and last traded at $13.80. Approximately 201 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 7,500 shares. The stock had previously closed at $10.25.

B Communications Price Performance

The company has a current ratio of 1.01, a quick ratio of 0.98 and a debt-to-equity ratio of 1.74. The firm has a market capitalization of $1.44 billion, a PE ratio of 18.40 and a beta of 1.47. The business has a 50-day moving average of $7.66 and a 200 day moving average of $7.10.

About B Communications

(Get Free Report)

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.

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