Cellcom Israel (OTCMKTS:CELJF) Shares Down 5.1% – Here’s What Happened

Cellcom Israel, Ltd. (OTCMKTS:CELJF)’s share price was down 5.1% during mid-day trading on Tuesday. The company traded as low as $10.34 and last traded at $10.34. 700 shares changed hands during trading, a decline of 43% from the average daily volume of 1,223 shares. The stock had previously closed at $10.90.

Cellcom Israel Trading Up 0.9%

The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of 26.19 and a beta of 0.88. The stock’s 50 day moving average price is $11.41 and its two-hundred day moving average price is $11.09.

About Cellcom Israel

Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and other organizations in Israel. Its offerings include cellular voice and data services, mobile internet, messaging and related communications products delivered through its wireless network.

The company also provides fixed-line communications, broadband internet, international calling and data services. Through its communications platform and related operations, Cellcom offers television and other digital entertainment services, as well as business solutions such as connectivity, information technology and communications services.

Cellcom began operating in 1994 and has expanded beyond its original mobile-phone business through investments, acquisitions and the development of fixed-line and broadband capabilities.