Cellcom Israel (OTCMKTS:CELJF) Trading Up 8.7% – Here’s Why

Cellcom Israel, Ltd. (OTCMKTS:CELJFGet Free Report) was up 8.7% during trading on Tuesday . The company traded as high as $12.50 and last traded at $12.50. Approximately 1,630 shares changed hands during mid-day trading, an increase of 33% from the average daily volume of 1,225 shares. The stock had previously closed at $11.50.

Cellcom Israel Stock Up 8.7%

The company has a debt-to-equity ratio of 0.35, a current ratio of 0.68 and a quick ratio of 0.63. The company has a market cap of $2.04 billion, a P/E ratio of 29.76 and a beta of 0.86. The stock has a 50-day moving average of $11.12 and a 200 day moving average of $11.35.

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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