Cellcom Israel (OTCMKTS:CELJF) Shares Gap Down – Here’s Why

Shares of Cellcom Israel, Ltd. (OTCMKTS:CELJF – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $10.9330, but opened at $10.34. Cellcom Israel shares last traded at $10.34, with a volume of 100 shares traded.

Cellcom Israel Price Performance

The company has a market capitalization of $1.80 billion, a PE ratio of 26.28 and a beta of 0.88. The stock has a 50-day moving average of $11.47 and a 200 day moving average of $11.11.

About Cellcom Israel

(Get Free Report)

Cellcom Israel Ltd. is an Israeli telecommunications company that provides communications and connectivity services to consumers, businesses and organizations. Its offerings include cellular voice and data services, fixed-line communications, broadband internet, television services and international communications.

The company also provides related infrastructure and communications solutions, including fiber-optic connectivity and other fixed communications services. Cellcom serves customers primarily in Israel through its wireless and fixed networks, retail channels and digital service platforms.

Founded in 1994, Cellcom Israel became one of the country’s established telecommunications providers as Israel’s mobile and broadband markets developed.

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