Cellcom Israel Ltd. (NYSE:CEL) reached a new 52-week high and low during trading on Thursday . The company traded as low as $6.35 and last traded at $6.34, with a volume of 3853 shares. The stock had previously closed at $6.49.
Separately, ValuEngine upgraded shares of Cellcom Israel from a “hold” rating to a “buy” rating in a report on Tuesday, March 13th.
The company has a debt-to-equity ratio of 2.09, a quick ratio of 1.46 and a current ratio of 1.50. The firm has a market capitalization of $638.59 million, a P/E ratio of 24.31 and a beta of 2.06.
Large investors have recently bought and sold shares of the business. Delek Group Ltd. acquired a new stake in Cellcom Israel in the fourth quarter worth $13,161,000. Renaissance Technologies LLC grew its holdings in Cellcom Israel by 0.4% in the fourth quarter. Renaissance Technologies LLC now owns 3,724,400 shares of the technology company’s stock worth $37,987,000 after purchasing an additional 15,500 shares during the period. ARK Investment Management LLC acquired a new stake in Cellcom Israel in the fourth quarter worth $272,000. Jane Street Group LLC grew its holdings in Cellcom Israel by 68.0% in the fourth quarter. Jane Street Group LLC now owns 121,136 shares of the technology company’s stock worth $1,236,000 after purchasing an additional 49,048 shares during the period. Finally, Citadel Advisors LLC acquired a new position in shares of Cellcom Israel during the fourth quarter valued at about $150,000. Institutional investors and hedge funds own 7.66% of the company’s stock.
About Cellcom Israel
Cellcom Israel Ltd. provides cellular and landline telecommunications services in Israel. It operates through two segments, Cellular and Fixed-line. The company offers basic cellular telephony services, such as voice mail, cellular fax, call waiting, call forwarding, caller identification, conference calling, and inbound and outbound roaming services; and data transfer, and upload and download services.
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